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
8 BEDFORD CLOSE is a small extended detached house of 96m², built sometime between 1991 and 1995. It was last sold for £400,000 in May 2024, which was around 16% below the average May 2024 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was January 2023, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 8 BEDFORD CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the four 8 BEDFORD 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 |
---|---|---|---|
2024 30 MAY | £400,000 | £474,078 | 16% below HPI |
2005 11 NOV | £189,500 | £232,535 | 19% below HPI |
1995 17 NOV | £75,000 | £80,760 | 7% below HPI |
1995 27 JAN | £78,595 | £81,468 | 4% below HPI |
The below graph shows the average detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The four 8 BEDFORD CLOSE sales between January 1995 and May 2024 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 November 2005 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2024 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.
8 BEDFORD CLOSE is 96m², which includes two extensions, according to the EPC inspection conducted in January 2023. This puts it in the smallest 30% of detached houses in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where 8 BEDFORD CLOSE lies on this distribution: 26% of detached houses are smaller than 8 BEDFORD CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Ely.
8 BEDFORD CLOSE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 8 BEDFORD 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 8 BEDFORD 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.
8 BEDFORD CLOSE is located in ELY, in the CB6 postcode district. The below map shows the position of No. 8 on BEDFORD CLOSE.