3, TOWER CLOSE, RAMSEY, HUNTINGDON, PE26 1EX - £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 TOWER CLOSE is a very large detached house of 162m², built sometime between 1996 and 2002. It was last sold for £450,000 in November 2023, which was around 5% below the average November 2023 detached price in the Huntingdonshire local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

3 TOWER CLOSE Sold Prices

Land registry data shows four sales for 3 TOWER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Huntingdonshire local authority area for the corresponding sale date. Most of the four 3 TOWER 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
2023 10 NOV	£450,000	£471,628	5% below HPI
2019 6 JUN	£335,000	£400,554	16% below HPI
2015 30 JAN	£290,000	£310,961	7% below HPI
2001 29 OCT	£198,500	£156,977	26% above HPI

3 TOWER 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 four 3 TOWER CLOSE sales between October 2001 and November 2023 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 June 2019 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2023 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 3 TOWER CLOSE?

3 TOWER CLOSE is 162m² according to the EPC inspection conducted in August 2023. This puts it in the largest 20% of detached houses in Ramsey, based on EPC data. The below chart shows the distribution of detached houses by size in Ramsey, and where 3 TOWER CLOSE lies on this distribution: 84% of detached houses are smaller than 3 TOWER CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Ramsey.

3 TOWER CLOSE: Plot and Title Map

3 TOWER CLOSE sits on a plot of roughly 0.149 of an acre, or 603m². The below map shows the location of 3 TOWER 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 TOWER 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 TOWER CLOSE?

3 TOWER CLOSE is located in RAMSEY, in the PE26 postcode district. The below map shows the position of No. 3 on TOWER CLOSE.