2, SCHOOL CLOSE, GAMLINGAY, SANDY, SG19 3JY - £345,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 SCHOOL CLOSE is a very small extended detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £381,088. It was last sold for £345,000 in January 2022, which was around 42% below the average January 2022 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was D.

2 SCHOOL CLOSE Sold Prices

Land registry data shows two sales for 2 SCHOOL 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 South Cambridgeshire local authority area for the corresponding sale date. Both of the two 2 SCHOOL 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
2022 24 JAN	£345,000	£589,937	42% below HPI
2011 10 AUG	£182,000	£365,782	50% below HPI

2 SCHOOL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Cambridgeshire local authority area over time, sourced from the HPI. The two 2 SCHOOL CLOSE sales from August 2011 and January 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 August 2011 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the January 2022 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 2 SCHOOL CLOSE be worth now?

2 SCHOOL CLOSE might now be worth an estimated £381,088.

This is based on house price inflation of 10.5%, between January 2022 and December 2024, for detached houses, in the South Cambridgeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.5% inflationary increase is applied to the most recent sale price for 2 SCHOOL CLOSE of £345,000 on 24th January 2022. For the value to have increased from £345,000 to £381,088 over the one year and one month to December 2024, the following assumptions must hold true:

• The value of 2 SCHOOL CLOSE has moved in line with the HPI for detached houses in the South Cambridgeshire local authority area.
• The January 2022 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SCHOOL CLOSE has not materially changed since January 2022.

How Large is 2 SCHOOL CLOSE?

2 SCHOOL CLOSE is 76m², which includes two extensions, according to the EPC inspection conducted in September 2010. This puts it in the smallest 10% of detached houses houses in Gamlingay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gamlingay, and where 2 SCHOOL CLOSE lies on this distribution: 7% of detached houses houses are smaller than 2 SCHOOL CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Gamlingay.

2 SCHOOL CLOSE: Plot and Title Map

2 SCHOOL CLOSE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 2 SCHOOL 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 SCHOOL 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 SCHOOL CLOSE?

2 SCHOOL CLOSE is located in GAMLINGAY, in the SG19 postcode district. The below map shows the position of No. 2 on SCHOOL CLOSE.