15, GRASMERE GARDENS, CAMBRIDGE, CB4 3DR - £220,000

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

15 GRASMERE GARDENS is a very small detached house of 57m², built sometime between 1991 and 1995. It was last sold for £220,000 in October 2007, which was around 57% below the average October 2007 detached price in the Cambridge local authority area. The most recent EPC inspection was April 2021, where the current energy rating was B, and the potential energy rating was B.

15 GRASMERE GARDENS Sold Prices

Land registry data shows two sales for 15 GRASMERE GARDENS 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 15 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
2007 8 OCT	£220,000	£507,478	57% below HPI
2003 19 MAR	£159,950	£381,796	58% below HPI

15 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 two 15 GRASMERE GARDENS sales from March 2003 and October 2007 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 March 2003 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the October 2007 sale, where it rises to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is 15 GRASMERE GARDENS?

15 GRASMERE GARDENS is 57m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 10% of detached houses in Cambridge, based on EPC data. The below chart shows the distribution of detached houses by size in Cambridge, and where 15 GRASMERE GARDENS lies on this distribution: 2% of detached houses are smaller than 15 GRASMERE GARDENS, and 98% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

15 GRASMERE GARDENS: Plot and Title Map

15 GRASMERE GARDENS sits on a plot of roughly 1.6 acres, or 6,574m². The below map shows the location of 15 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 15 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 15 GRASMERE GARDENS?

15 GRASMERE GARDENS is located in CAMBRIDGE, in the CB4 postcode district. The below map shows the position of No. 15 on GRASMERE GARDENS.