2, GLADSTONE WAY, CAMBRIDGE, CB1 9JF - £555,000

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 GLADSTONE WAY is a small extended detached house of 112m², built sometime between 1967 and 1975. It was last sold for £555,000 in November 2021, which was around 37% below the average November 2021 detached price in the Cambridge local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

2 GLADSTONE WAY Sold Prices

Land registry data shows four sales for 2 GLADSTONE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cambridge local authority area for the corresponding sale date. All of the four 2 GLADSTONE WAY 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
2021 8 NOV	£555,000	£887,336	37% below HPI
2010 21 JUL	£302,500	£505,385	40% below HPI
2005 22 AUG	£275,000	£404,252	32% below HPI
1995 15 MAR	£100,000	£148,305	33% below HPI

2 GLADSTONE WAY 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 four 2 GLADSTONE WAY sales between March 1995 and November 2021 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 July 2010 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2021 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 2 GLADSTONE WAY?

2 GLADSTONE WAY is 112m², which includes two extensions, according to the EPC inspection conducted in April 2021. This puts it in the smallest 40% 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 GLADSTONE WAY lies on this distribution: 36% of detached houses are smaller than 2 GLADSTONE WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

2 GLADSTONE WAY: Plot and Title Map

2 GLADSTONE WAY sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 2 GLADSTONE WAY, 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 GLADSTONE WAY). 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 GLADSTONE WAY?

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