2, CHERRY CLOSE, CAMBRIDGE, CB1 9JD - £610,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

2 CHERRY CLOSE is a very small extended detached house of 89m², built sometime between 1950 and 1966. It was last sold for £610,000 in April 2023, which was around 36% below the average April 2023 detached price in the Cambridge local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was C.

2 CHERRY CLOSE Sold Prices

Land registry data shows two sales for 2 CHERRY 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 2 CHERRY 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 APR	£610,000	£950,129	36% below HPI
1995 31 MAR	£95,000	£148,305	36% below HPI

2 CHERRY 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 2 CHERRY CLOSE sales from March 1995 and April 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 March 1995 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the April 2023 sale, which was also at 36% below the HPI.

How Large is 2 CHERRY CLOSE?

2 CHERRY CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 20% of detached houses in Cambridge, based on EPC data. The below chart shows the distribution of detached houses by size in Cambridge, and where 2 CHERRY CLOSE lies on this distribution: 15% of detached houses are smaller than 2 CHERRY CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

2 CHERRY CLOSE: Plot and Title Map

2 CHERRY CLOSE sits on a plot of roughly 0.205 of an acre, or 829m². The below map shows the location of 2 CHERRY 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 2 CHERRY 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 2 CHERRY CLOSE?

2 CHERRY CLOSE is located in CAMBRIDGE, in the CB1 postcode district. The below map shows the position of No. 2 on CHERRY CLOSE.