4, MARTINGALE CLOSE, CAMBRIDGE, CB4 3TA - £524,000

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

4 MARTINGALE CLOSE is a very small detached house of 80m², built sometime between 1983 and 1990. It was last sold for £524,000 in February 2023, which was around 45% below the average February 2023 detached price in the Cambridge local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

4 MARTINGALE CLOSE Sold Prices

Land registry data shows two sales for 4 MARTINGALE 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 Cambridge local authority area for the corresponding sale date. Both of the two 4 MARTINGALE 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 28 FEB	£524,000	£958,830	45% below HPI
2000 31 JAN	£145,995	£232,093	37% below HPI

4 MARTINGALE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cambridge local authority area over time, sourced from the HPI. The two 4 MARTINGALE CLOSE sales from January 2000 and February 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 January 2000 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2023 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 4 MARTINGALE CLOSE?

4 MARTINGALE CLOSE is 80m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of detached houses in Cambridge, based on EPC data. The below chart shows the distribution of detached houses by size in Cambridge, and where 4 MARTINGALE CLOSE lies on this distribution: 9% of detached houses are smaller than 4 MARTINGALE CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

4 MARTINGALE CLOSE: Plot and Title Map

4 MARTINGALE CLOSE sits on a plot of roughly 0.070 of an acre, or 281m². The below map shows the location of 4 MARTINGALE 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 4 MARTINGALE 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 4 MARTINGALE CLOSE?

4 MARTINGALE CLOSE is located in CAMBRIDGE, in the CB4 postcode district. The below map shows the position of No. 4 on MARTINGALE CLOSE.