12, GRASMERE GARDENS, CAMBRIDGE, CB4 3DR - £291,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 GRASMERE GARDENS is a very small detached house of 57m², built sometime between 1991 and 1995, which could now be worth an estimated £323,622. It was last sold for £291,500 in August 2018, which was around 68% below the average August 2018 detached price in the Cambridge local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was C.

12 GRASMERE GARDENS Sold Prices

Land registry data shows three sales for 12 GRASMERE GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cambridge local authority area for the corresponding sale date. All of the three 12 GRASMERE GARDENS 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
2018 24 AUG	£291,500	£924,143	68% below HPI
2003 23 JUN	£175,000	£392,720	55% below HPI
2001 14 DEC	£120,000	£334,457	64% below HPI

12 GRASMERE GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cambridge local authority area over time, sourced from the HPI. The three 12 GRASMERE GARDENS sales between December 2001 and August 2018 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 June 2003 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the August 2018 sale, where it falls to 68% below the HPI. The line then continues to track at 68% below the HPI.

What might 12 GRASMERE GARDENS be worth now?

12 GRASMERE GARDENS might now be worth an estimated £323,622.

This is based on house price inflation of 11%, between August 2018 and February 2025, for detached houses, in the Cambridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11% inflationary increase is applied to the most recent sale price for 12 GRASMERE GARDENS of £291,500 on 24th August 2018. For the value to have increased from £291,500 to £323,622 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 12 GRASMERE GARDENS has moved in line with the HPI for detached houses in the Cambridge local authority area.
• The August 2018 sale price of £291,500 represented a fair market value for the property.
• The size, condition, and specification of 12 GRASMERE GARDENS has not materially changed since August 2018.

How Large is 12 GRASMERE GARDENS?

12 GRASMERE GARDENS is 57m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% of detached houses houses in Cambridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cambridge, and where 12 GRASMERE GARDENS lies on this distribution: 2% of detached houses houses are smaller than 12 GRASMERE GARDENS, and 98% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

12 GRASMERE GARDENS: Plot and Title Map

12 GRASMERE GARDENS sits on a plot of roughly 1.6 acres, or 6,574m². The below map shows the location of 12 GRASMERE GARDENS, 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 12 GRASMERE GARDENS). 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.

Where is 12 GRASMERE GARDENS?

12 GRASMERE GARDENS is located in CAMBRIDGE, in the CB4 postcode district. The below map shows the position of No. 12 on GRASMERE GARDENS.