14, NEALE CLOSE, CAMBRIDGE, CB1 3LE - £242,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

14 NEALE CLOSE is a small extended detached house of 100m², built sometime between 1967 and 1975. It was last sold for £242,500 in April 2008, which was around 50% below the average April 2008 detached price in the Cambridge local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

14 NEALE CLOSE Sold Prices

Land registry data shows two sales for 14 NEALE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cambridge local authority area for the corresponding sale date. Both of the two 14 NEALE 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
2008 4 APR	£242,500	£484,522	50% below HPI
2002 11 NOV	£171,500	£381,638	55% below HPI

14 NEALE CLOSE 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 two 14 NEALE CLOSE sales from November 2002 and April 2008 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 November 2002 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the April 2008 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 14 NEALE CLOSE?

14 NEALE CLOSE is 100m², which includes two extensions, according to the EPC inspection conducted in April 2024. This puts it in the smallest 30% of detached houses in Cambridge, based on EPC data. The below chart shows the distribution of detached houses by size in Cambridge, and where 14 NEALE CLOSE lies on this distribution: 24% of detached houses are smaller than 14 NEALE CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

14 NEALE CLOSE: Plot and Title Map

14 NEALE CLOSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 14 NEALE 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 14 NEALE 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.

Where is 14 NEALE CLOSE?

14 NEALE CLOSE is located in CAMBRIDGE, in the CB1 postcode district. The below map shows the position of No. 14 on NEALE CLOSE.