8, MARTIN CLOSE, SOHAM, ELY, CB7 5EJ - £262,500

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 MARTIN CLOSE is a very small detached house of 78m², built sometime between 1983 and 1990. It was last sold for £262,500 in August 2019, which was around 33% below the average August 2019 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

8 MARTIN CLOSE Sold Prices

Land registry data shows four sales for 8 MARTIN CLOSE since 1^st 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 MARTIN 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
2019 8 AUG	£262,500	£390,975	33% below HPI
2016 5 JUL	£247,000	£351,589	30% below HPI
2002 26 JUL	£127,000	£174,887	27% below HPI
1998 11 DEC	£78,500	£98,952	21% below HPI

8 MARTIN 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 four 8 MARTIN CLOSE sales between December 1998 and August 2019 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 July 2016 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2019 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 8 MARTIN CLOSE?

8 MARTIN CLOSE is 78m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 20% of detached houses in Soham, based on EPC data. The below chart shows the distribution of detached houses by size in Soham, and where 8 MARTIN CLOSE lies on this distribution: 14% of detached houses are smaller than 8 MARTIN CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Soham.

8 MARTIN CLOSE: Plot and Title Map

8 MARTIN CLOSE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 8 MARTIN 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 MARTIN 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 MARTIN CLOSE?

8 MARTIN CLOSE is located in SOHAM, in the CB7 postcode district. The below map shows the position of No. 8 on MARTIN CLOSE.