38, LEE CLOSE, COTTENHAM, CAMBRIDGE, CB24 8AG - £355,000

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

38 LEE CLOSE is a small detached house of 103m², built sometime between 1996 and 2002. It was last sold for £355,000 in November 2019, which was around 32% below the average November 2019 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

38 LEE CLOSE Sold Prices

Land registry data shows three sales for 38 LEE 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 South Cambridgeshire local authority area for the corresponding sale date. All of the three 38 LEE 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
2019 6 NOV	£355,000	£519,458	32% below HPI
2006 23 MAY	£237,000	£307,711	23% below HPI
1999 29 OCT	£124,950	£160,987	22% below HPI

38 LEE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Cambridgeshire local authority area over time, sourced from the HPI. The three 38 LEE CLOSE sales between October 1999 and November 2019 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 May 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 38 LEE CLOSE?

38 LEE CLOSE is 103m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 30% of detached houses in Cottenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cottenham, and where 38 LEE CLOSE lies on this distribution: 26% of detached houses are smaller than 38 LEE CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Cottenham.

38 LEE CLOSE: Plot and Title Map

38 LEE CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 38 LEE 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 38 LEE 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 38 LEE CLOSE?

38 LEE CLOSE is located in COTTENHAM, in the CB24 postcode district. The below map shows the position of No. 38 on LEE CLOSE.