3, CRANE CLOSE, SOMERSHAM, HUNTINGDON, PE28 3YG - £450,000

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

3 CRANE CLOSE is a midsized extended detached house of 115m², built sometime between 1983 and 1990. It was last sold for £450,000 in October 2022, which was around 7% below the average October 2022 detached price in the Huntingdonshire local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

3 CRANE CLOSE Sold Prices

Land registry data shows two sales for 3 CRANE 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 Huntingdonshire local authority area for the corresponding sale date. Both of the two 3 CRANE 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 17 OCT	£450,000	£485,174	7% below HPI
1998 6 MAR	£94,500	£98,066	4% below HPI

3 CRANE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Huntingdonshire local authority area over time, sourced from the HPI. The two 3 CRANE CLOSE sales from March 1998 and October 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 1998 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2022 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 3 CRANE CLOSE?

3 CRANE CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the largest 50% of detached houses in Somersham, based on EPC data. The below chart shows the distribution of detached houses by size in Somersham, and where 3 CRANE CLOSE lies on this distribution: 51% of detached houses are smaller than 3 CRANE CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Somersham.

3 CRANE CLOSE: Plot and Title Map

3 CRANE CLOSE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 3 CRANE 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 3 CRANE 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 3 CRANE CLOSE?

3 CRANE CLOSE is located in SOMERSHAM, in the PE28 postcode district. The below map shows the position of No. 3 on CRANE CLOSE.