3, PHILIPPA CLOSE, ELY, CB6 1BT - £353,000

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 PHILIPPA CLOSE is a very small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £353,000 in January 2018, which was around 6% below the average January 2018 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

3 PHILIPPA CLOSE Sold Prices

Land registry data shows two sales for 3 PHILIPPA 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 East Cambridgeshire local authority area for the corresponding sale date. Both of the two 3 PHILIPPA 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
2018 12 JAN	£353,000	£377,401	6% below HPI
2016 19 AUG	£350,000	£352,477	1% below HPI

3 PHILIPPA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The two 3 PHILIPPA CLOSE sales from August 2016 and January 2018 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 2016 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the January 2018 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 3 PHILIPPA CLOSE?

3 PHILIPPA CLOSE is 83m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% of detached houses in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where 3 PHILIPPA CLOSE lies on this distribution: 15% of detached houses are smaller than 3 PHILIPPA CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Ely.

3 PHILIPPA CLOSE: Plot and Title Map

3 PHILIPPA CLOSE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 3 PHILIPPA 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 PHILIPPA 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 PHILIPPA CLOSE?

3 PHILIPPA CLOSE is located in ELY, in the CB6 postcode district. The below map shows the position of No. 3 on PHILIPPA CLOSE.