34, LAUREL CLOSE, MEPAL, ELY, CB6 2BN - £465,000

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

34 LAUREL CLOSE is a large extended detached house of 141m², built sometime between 1976 and 1982. It was last sold for £465,000 in September 2022, which was around 3% above the average September 2022 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

34 LAUREL CLOSE Sold Prices

Land registry data shows three sales for 34 LAUREL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. The three 34 LAUREL CLOSE sales were a mix of above the average price, and roughly equal to 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 6 SEP	£465,000	£449,404	3% above HPI
2001 20 AUG	£146,000	£146,298	Close to HPI
1997 9 JUL	£102,500	£89,356	15% above HPI

34 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 three 34 LAUREL CLOSE sales between July 1997 and September 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 2001 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2022 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 34 LAUREL CLOSE?

34 LAUREL CLOSE is 141m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 20% of detached houses in Mepal, based on EPC data. The below chart shows the distribution of detached houses by size in Mepal, and where 34 LAUREL CLOSE lies on this distribution: 79% of detached houses are smaller than 34 LAUREL CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Mepal.

34 LAUREL CLOSE: Plot and Title Map

34 LAUREL CLOSE sits on a plot of roughly 0.274 of an acre, or 1,107m². The below map shows the location of 34 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 34 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 34 LAUREL CLOSE?

34 LAUREL CLOSE is located in MEPAL, in the CB6 postcode district. The below map shows the position of No. 34 on LAUREL CLOSE.