Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
10 MARTIN CLOSE is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £302,500 in January 2023, which was around 31% below the average January 2023 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 10 MARTIN CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the three 10 MARTIN CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2023 20 JAN | £302,500 | £441,368 | 31% below HPI |
2015 23 OCT | £175,000 | £335,347 | 48% below HPI |
2012 17 FEB | £150,000 | £251,883 | 40% below HPI |
The below graph shows the average detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The three 10 MARTIN CLOSE sales between February 2012 and January 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2015 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the January 2023 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
10 MARTIN CLOSE is 74m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of detached houses in Soham, based on EPC data. The below chart shows the distribution of detached houses by size in Soham, and where 10 MARTIN CLOSE lies on this distribution: 11% of detached houses are smaller than 10 MARTIN CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Soham.
10 MARTIN CLOSE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 10 MARTIN CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 10 MARTIN CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
10 MARTIN CLOSE is located in SOHAM, in the CB7 postcode district. The below map shows the position of No. 10 on MARTIN CLOSE.