2, DIAMOND CLOSE, CAMBRIDGE, CB2 8AU - £1,750,000

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.

2 DIAMOND CLOSE is a very large extended detached house of 199m², built sometime between 1983 and 1990, which could now be worth an estimated £1,740,449. It was last sold for £1,750,000 in June 2023, which was around 70% above the average June 2023 detached price in the Cambridge local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

2 DIAMOND CLOSE Sold Prices

Land registry data shows three sales for 2 DIAMOND CLOSE 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 2 DIAMOND CLOSE sales were for above 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 22 JUN	£1,750,000	£1,031,610	70% above HPI
2011 10 MAY	£905,501	£551,581	64% above HPI
1996 7 OCT	£250,000	£169,063	48% above HPI

2 DIAMOND 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 three 2 DIAMOND CLOSE sales between October 1996 and June 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 May 2011 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the June 2023 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might 2 DIAMOND CLOSE be worth now?

2 DIAMOND CLOSE might now be worth an estimated £1,740,449.

This is based on house price deflation of 0.5%, between June 2023 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 0.5% deflationary decrease is applied to the most recent sale price for 2 DIAMOND CLOSE of £1,750,000 on 22nd June 2023. For the value to have decreased from £1,750,000 to £1,740,449 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of 2 DIAMOND CLOSE has moved in line with the HPI for detached houses in the Cambridge local authority area.
• The June 2023 sale price of £1,750,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DIAMOND CLOSE has not materially changed since June 2023.

How Large is 2 DIAMOND CLOSE?

2 DIAMOND CLOSE is 199m², which includes two extensions, according to the EPC inspection conducted in October 2021. This puts it in the largest 20% 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 2 DIAMOND CLOSE lies on this distribution: 82% of detached houses houses are smaller than 2 DIAMOND CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

2 DIAMOND CLOSE: Plot and Title Map

2 DIAMOND CLOSE sits on a plot of roughly 0.239 of an acre, or 966m². The below map shows the location of 2 DIAMOND 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 DIAMOND 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 DIAMOND CLOSE?

2 DIAMOND CLOSE is located in CAMBRIDGE, in the CB2 postcode district. The below map shows the position of No. 2 on DIAMOND CLOSE.