2, MIDSUMMER PLACE, CAMBRIDGE, CB5 8ER - £1,650,000

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 MIDSUMMER PLACE is a midsized detached house of 126m², which could now be worth an estimated £1,625,818. It was last sold for £1,650,000 in September 2022, which was around 58% above the average September 2022 detached price in the Cambridge local authority area. The most recent EPC inspection was September 2016, where the current energy rating was B, and the potential energy rating was B.

2 MIDSUMMER PLACE Sold Prices

Land registry data shows two sales for 2 MIDSUMMER PLACE 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 MIDSUMMER PLACE 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
2022 23 SEP	£1,650,000	£1,041,240	58% above HPI
2017 7 MAR	£1,167,500	£860,512	36% above HPI

2 MIDSUMMER PLACE 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 MIDSUMMER PLACE sales from March 2017 and September 2022 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 2017 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the September 2022 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might 2 MIDSUMMER PLACE be worth now?

2 MIDSUMMER PLACE might now be worth an estimated £1,625,818.

This is based on house price deflation of 1.5%, between September 2022 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 1.5% deflationary decrease is applied to the most recent sale price for 2 MIDSUMMER PLACE of £1,650,000 on 23rd September 2022. For the value to have decreased from £1,650,000 to £1,625,818 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 MIDSUMMER PLACE has moved in line with the HPI for detached houses in the Cambridge local authority area.
• The September 2022 sale price of £1,650,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MIDSUMMER PLACE has not materially changed since September 2022.

How Large is 2 MIDSUMMER PLACE?

2 MIDSUMMER PLACE is 126m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 50% 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 MIDSUMMER PLACE lies on this distribution: 46% of detached houses houses are smaller than 2 MIDSUMMER PLACE, and 54% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

2 MIDSUMMER PLACE: Plot and Title Map

2 MIDSUMMER PLACE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 2 MIDSUMMER PLACE, 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 MIDSUMMER PLACE). 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 MIDSUMMER PLACE?

2 MIDSUMMER PLACE is located in CAMBRIDGE, in the CB5 postcode district. The below map shows the position of No. 2 on MIDSUMMER PLACE.