7, ROLAND CLOSE, CAMBRIDGE, CB4 2DJ - £367,000

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.

7 ROLAND CLOSE is a very small detached house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £413,563. It was last sold for £367,000 in February 2021, which was around 60% below the average February 2021 detached price in the Cambridge 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.

7 ROLAND CLOSE Sold Prices

Land registry data shows three sales for 7 ROLAND 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 Cambridge local authority area for the corresponding sale date. All of the three 7 ROLAND 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
2021 15 FEB	£367,000	£910,465	60% below HPI
2017 7 APR	£344,000	£872,274	61% below HPI
2004 7 MAY	£153,500	£403,294	62% below HPI

7 ROLAND 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 three 7 ROLAND CLOSE sales between May 2004 and February 2021 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 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the February 2021 sale, where it rises to 60% below the HPI. The line then continues to track at 60% below the HPI.

What might 7 ROLAND CLOSE be worth now?

7 ROLAND CLOSE might now be worth an estimated £413,563.

This is based on house price inflation of 12.7%, between February 2021 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 12.7% inflationary increase is applied to the most recent sale price for 7 ROLAND CLOSE of £367,000 on 15th February 2021. For the value to have increased from £367,000 to £413,563 over the four years to February 2025, the following assumptions must hold true:

• The value of 7 ROLAND CLOSE has moved in line with the HPI for detached houses in the Cambridge local authority area.
• The February 2021 sale price of £367,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ROLAND CLOSE has not materially changed since February 2021.

How Large is 7 ROLAND CLOSE?

7 ROLAND CLOSE is 69m² according to the EPC inspection conducted in October 2016. 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 ROLAND CLOSE lies on this distribution: 4% of detached houses houses are smaller than 7 ROLAND CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

7 ROLAND CLOSE: Plot and Title Map

7 ROLAND CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 7 ROLAND 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 ROLAND 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 ROLAND CLOSE?

7 ROLAND CLOSE is located in CAMBRIDGE, in the CB4 postcode district. The below map shows the position of No. 7 on ROLAND CLOSE.