2, REDFERN CLOSE, CAMBRIDGE, CB4 2DU - £320,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 REDFERN CLOSE is a very small extended detached house of 90m², built sometime between 1950 and 1966. It was last sold for £320,000 in May 2013, which was around 48% below the average May 2013 detached price in the Cambridge local authority area. The most recent EPC inspection was October 2012, where the current energy rating was E, and the potential energy rating was B.

2 REDFERN CLOSE Sold Prices

Land registry data shows two sales for 2 REDFERN 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 REDFERN 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
2013 31 MAY	£320,000	£615,294	48% below HPI
1995 22 SEP	£103,000	£154,691	33% below HPI

2 REDFERN 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 REDFERN CLOSE sales from September 1995 and May 2013 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 September 1995 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2013 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 2 REDFERN CLOSE?

2 REDFERN CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in October 2012. 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 REDFERN CLOSE lies on this distribution: 16% of detached houses are smaller than 2 REDFERN CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

2 REDFERN CLOSE: Plot and Title Map

2 REDFERN CLOSE sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 2 REDFERN 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 REDFERN 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 REDFERN CLOSE?

2 REDFERN CLOSE is located in CAMBRIDGE, in the CB4 postcode district. The below map shows the position of No. 2 on REDFERN CLOSE.