1, NEALE CLOSE, CAMBRIDGE, CB1 3LE - £440,000

1 NEALE CLOSE is a large extended detached house of 147m², built sometime between 1967 and 1975. It was last sold for £440,000 in June 2014, which was around 37% below the average June 2014 detached price in the Cambridge local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.

1 NEALE CLOSE Sold Prices

Land registry data shows two sales for 1 NEALE 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 1 NEALE 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
2014 3 JUN	£440,000	£698,809	37% below HPI
2001 7 DEC	£146,500	£317,345	54% below HPI

1 NEALE 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 1 NEALE CLOSE sales from December 2001 and June 2014 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 December 2001 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the June 2014 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 1 NEALE CLOSE?

1 NEALE CLOSE is 147m², which includes three extensions, according to the EPC inspection conducted in November 2013. This puts it in the largest 40% of detached houses in Cambridge, based on EPC data. The below chart shows the distribution of detached houses by size in Cambridge, and where 1 NEALE CLOSE lies on this distribution: 61% of detached houses are smaller than 1 NEALE CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

1 NEALE CLOSE: Plot and Title Map

1 NEALE CLOSE sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 1 NEALE 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 1 NEALE 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 1 NEALE CLOSE?

1 NEALE CLOSE is located in CAMBRIDGE, in the CB1 postcode district. The below map shows the position of No. 1 on NEALE CLOSE.