8, CRANE CLOSE, SOMERSHAM, HUNTINGDON, PE28 3YG - £450,000

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

8 CRANE CLOSE is a midsized detached house of 127m², built sometime between 1983 and 1990, which could now be worth an estimated £464,218. It was last sold for £450,000 in September 2024, which was around 2% below the average September 2024 detached price in the Huntingdonshire local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

8 CRANE CLOSE Sold Prices

Land registry data shows three sales for 8 CRANE 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 Huntingdonshire local authority area for the corresponding sale date. All of the three 8 CRANE 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 27 SEP	£450,000	£460,316	2% below HPI
2010 22 JAN	£185,000	£260,232	29% below HPI
1998 3 AUG	£82,000	£106,156	23% below HPI

8 CRANE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Huntingdonshire local authority area over time, sourced from the HPI. The three 8 CRANE CLOSE sales between August 1998 and September 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 January 2010 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2024 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 8 CRANE CLOSE be worth now?

8 CRANE CLOSE might now be worth an estimated £464,218.

This is based on house price inflation of 3.2%, between September 2024 and February 2025, for detached houses, in the Huntingdonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.2% inflationary increase is applied to the most recent sale price for 8 CRANE CLOSE of £450,000 on 27th September 2024. For the value to have increased from £450,000 to £464,218 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 8 CRANE CLOSE has moved in line with the HPI for detached houses in the Huntingdonshire local authority area.
• The September 2024 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CRANE CLOSE has not materially changed since September 2024.

How Large is 8 CRANE CLOSE?

8 CRANE CLOSE is 127m² according to the EPC inspection conducted in February 2024. This puts it in the largest 50% of detached houses houses in Somersham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Somersham, and where 8 CRANE CLOSE lies on this distribution: 59% of detached houses houses are smaller than 8 CRANE CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Somersham.

8 CRANE CLOSE: Plot and Title Map

8 CRANE CLOSE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 8 CRANE 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 CRANE 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 8 CRANE CLOSE?

8 CRANE CLOSE is located in SOMERSHAM, in the PE28 postcode district. The below map shows the position of No. 8 on CRANE CLOSE.