5, ACRED CLOSE, LITTLE DOWNHAM, ELY, CB6 2SE - £420,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 ACRED CLOSE is a small detached house of 109m², built sometime between 2003 and 2006, which could now be worth an estimated £503,346. It was last sold for £420,000 in November 2020, which was around 1% above the average November 2020 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

5 ACRED CLOSE Sold Prices

Land registry data shows three sales for 5 ACRED 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. All of the three 5 ACRED 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
2020 3 NOV	£420,000	£414,847	1% above HPI
2011 11 MAY	£269,000	£251,647	7% above HPI
2006 2 FEB	£246,000	£225,135	9% above HPI

5 ACRED 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 5 ACRED CLOSE sales between February 2006 and November 2020 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 2011 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2020 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 5 ACRED CLOSE be worth now?

5 ACRED CLOSE might now be worth an estimated £503,346.

This is based on house price inflation of 19.8%, between November 2020 and February 2025, for detached houses, in the East Cambridgeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.8% inflationary increase is applied to the most recent sale price for 5 ACRED CLOSE of £420,000 on 3rd November 2020. For the value to have increased from £420,000 to £503,346 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 ACRED CLOSE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The November 2020 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ACRED CLOSE has not materially changed since November 2020.

How Large is 5 ACRED CLOSE?

5 ACRED CLOSE is 109m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 40% of detached houses houses in Little Downham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Little Downham, and where 5 ACRED CLOSE lies on this distribution: 38% of detached houses houses are smaller than 5 ACRED CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Little Downham.

5 ACRED CLOSE: Plot and Title Map

5 ACRED CLOSE sits on a plot of roughly 0.223 of an acre, or 902m². The below map shows the location of 5 ACRED 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 5 ACRED 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 5 ACRED CLOSE?

5 ACRED CLOSE is located in LITTLE DOWNHAM, in the CB6 postcode district. The below map shows the position of No. 5 on ACRED CLOSE.