32, LAUREL CLOSE, MEPAL, ELY, CB6 2BN - £460,000

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

32 LAUREL CLOSE is a large extended detached house of 131m², built sometime between 1976 and 1982. It was last sold for £460,000 in December 2022, which was around 2% above the average December 2022 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

32 LAUREL CLOSE Sold Prices

Land registry data shows two sales for 32 LAUREL 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 32 LAUREL CLOSE sales were for above 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 8 DEC	£460,000	£449,460	2% above HPI
2004 25 JUN	£216,500	£206,086	5% above HPI

32 LAUREL 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 32 LAUREL CLOSE sales from June 2004 and December 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 June 2004 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the December 2022 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 32 LAUREL CLOSE?

32 LAUREL CLOSE is 131m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 30% of detached houses in Mepal, based on EPC data. The below chart shows the distribution of detached houses by size in Mepal, and where 32 LAUREL CLOSE lies on this distribution: 75% of detached houses are smaller than 32 LAUREL CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Mepal.

32 LAUREL CLOSE: Plot and Title Map

32 LAUREL CLOSE sits on a plot of roughly 0.310 of an acre, or 1,254m². The below map shows the location of 32 LAUREL 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 32 LAUREL 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 32 LAUREL CLOSE?

32 LAUREL CLOSE is located in MEPAL, in the CB6 postcode district. The below map shows the position of No. 32 on LAUREL CLOSE.