15, BIRCH CLOSE, ELY, CB7 4TJ - £185,000

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.

15 BIRCH CLOSE is a very small terraced house of 54m², built sometime between 1983 and 1990, which could now be worth an estimated £205,375. It was last sold for £185,000 in May 2022, which was around 24% below the average May 2022 terraced price in the East Cambridgeshire local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was C.

15 BIRCH CLOSE Sold Prices

Land registry data shows three sales for 15 BIRCH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the East Cambridgeshire local authority area for the corresponding sale date. All of the three 15 BIRCH 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
2022 24 MAY	£185,000	£243,765	24% below HPI
2012 2 AUG	£115,000	£150,602	24% below HPI
1996 15 NOV	£35,000	£45,584	23% below HPI

15 BIRCH CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The three 15 BIRCH CLOSE sales between November 1996 and May 2022 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 August 2012 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2022 sale, which was also at 24% below the HPI.

What might 15 BIRCH CLOSE be worth now?

15 BIRCH CLOSE might now be worth an estimated £205,375.

This is based on house price inflation of 11%, between May 2022 and April 2026, for terraced houses, in the East Cambridgeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11% inflationary increase is applied to the most recent sale price for 15 BIRCH CLOSE of £185,000 on 24th May 2022. For the value to have increased from £185,000 to £205,375 over the four years and one month to April 2026, the following assumptions must hold true:

• The value of 15 BIRCH CLOSE has moved in line with the HPI for terraced houses in the East Cambridgeshire local authority area.
• The May 2022 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 15 BIRCH CLOSE has not materially changed since May 2022.

How Large is 15 BIRCH CLOSE?

15 BIRCH CLOSE is 54m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% of terraced houses houses in Ely, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ely, and where 15 BIRCH CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 15 BIRCH CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Ely.

15 BIRCH CLOSE: Plot and Title Map

15 BIRCH CLOSE sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 15 BIRCH 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 15 BIRCH 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 15 BIRCH CLOSE?

15 BIRCH CLOSE is located in ELY, in the CB7 postcode district. The below map shows the position of No. 15 on BIRCH CLOSE.