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
2 DIAMOND CLOSE is a very large extended detached house of 199m², built sometime between 1983 and 1990. It was last sold for £1,750,000 in June 2023, which was around 79% 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.
Land registry data shows three sales for 2 DIAMOND CLOSE since 1st 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 | £978,827 | 79% above HPI |
2011 10 MAY | £905,501 | £523,360 | 73% above HPI |
1996 7 OCT | £250,000 | £160,413 | 56% above HPI |
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 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the June 2023 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.
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 in Cambridge, based on EPC data. The below chart shows the distribution of detached houses by size in Cambridge, and where 2 DIAMOND CLOSE lies on this distribution: 82% of detached 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 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.
2 DIAMOND CLOSE is located in CAMBRIDGE, in the CB2 postcode district. The below map shows the position of No. 2 on DIAMOND CLOSE.