7, CARRICK CLOSE, CAMBRIDGE, CB1 8RQ - £449,950

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

7 CARRICK CLOSE is a very small detached house of 61m², built sometime between 1991 and 1995, which could now be worth an estimated £818,037. It was last sold for £449,950 in March 2012, which was around 20% below the average March 2012 detached price in the Cambridge local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

7 CARRICK CLOSE Sold Prices

Land registry data shows two sales for 7 CARRICK 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 7 CARRICK 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
2012 30 MAR	£449,950	£564,326	20% below HPI
1997 31 JAN	£149,500	£165,801	10% below HPI

7 CARRICK 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 7 CARRICK CLOSE sales from January 1997 and March 2012 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 1997 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2012 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 7 CARRICK CLOSE be worth now?

7 CARRICK CLOSE might now be worth an estimated £818,037.

This is based on house price inflation of 81.8%, between March 2012 and February 2025, for detached houses, in the Cambridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 81.8% inflationary increase is applied to the most recent sale price for 7 CARRICK CLOSE of £449,950 on 30th March 2012. For the value to have increased from £449,950 to £818,037 over the thirteen years and one month to February 2025, the following assumptions must hold true:

• The value of 7 CARRICK CLOSE has moved in line with the HPI for detached houses in the Cambridge local authority area.
• The March 2012 sale price of £449,950 represented a fair market value for the property.
• The size, condition, and specification of 7 CARRICK CLOSE has not materially changed since March 2012.

How Large is 7 CARRICK CLOSE?

7 CARRICK CLOSE is 61m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 10% of detached houses houses in Cambridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cambridge, and where 7 CARRICK CLOSE lies on this distribution: 3% of detached houses houses are smaller than 7 CARRICK CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

7 CARRICK CLOSE: Plot and Title Map

7 CARRICK CLOSE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 7 CARRICK 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 7 CARRICK 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 7 CARRICK CLOSE?

7 CARRICK CLOSE is located in CAMBRIDGE, in the CB1 postcode district. The below map shows the position of No. 7 on CARRICK CLOSE.