5, REDSHANK CLOSE, SOHAM, ELY, CB7 5FG - £415,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 REDSHANK CLOSE is a large detached house of 137m², built sometime from 2007 onwards, which could now be worth an estimated £462,777. It was last sold for £415,000 in May 2022, which was around 5% below the average May 2022 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

5 REDSHANK CLOSE Sold Prices

Land registry data shows two sales for 5 REDSHANK 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 5 REDSHANK 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
2022 30 MAY	£415,000	£438,781	5% below HPI
2017 28 APR	£330,000	£383,033	14% below HPI

5 REDSHANK 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 5 REDSHANK CLOSE sales from April 2017 and May 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 April 2017 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 5 REDSHANK CLOSE be worth now?

5 REDSHANK CLOSE might now be worth an estimated £462,777.

This is based on house price inflation of 11.5%, between May 2022 and December 2024, 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 11.5% inflationary increase is applied to the most recent sale price for 5 REDSHANK CLOSE of £415,000 on 30th May 2022. For the value to have increased from £415,000 to £462,777 over the one year and five months to December 2024, the following assumptions must hold true:

• The value of 5 REDSHANK CLOSE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The May 2022 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 5 REDSHANK CLOSE has not materially changed since May 2022.

How Large is 5 REDSHANK CLOSE?

5 REDSHANK CLOSE is 137m² according to the EPC inspection conducted in October 2016. This puts it in the largest 40% of detached houses houses in Soham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Soham, and where 5 REDSHANK CLOSE lies on this distribution: 68% of detached houses houses are smaller than 5 REDSHANK CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Soham.

5 REDSHANK CLOSE: Plot and Title Map

5 REDSHANK CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 5 REDSHANK 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 REDSHANK 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 REDSHANK CLOSE?

5 REDSHANK CLOSE is located in SOHAM, in the CB7 postcode district. The below map shows the position of No. 5 on REDSHANK CLOSE.