2, BIRCH CLOSE, ELY, CB7 4TJ - £265,000

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.

2 BIRCH CLOSE is a very small terraced house of 57m², built sometime between 1983 and 1990, which could now be worth an estimated £281,392. It was last sold for £265,000 in May 2023, which was around 4% above the average May 2023 terraced price in the East Cambridgeshire local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

2 BIRCH CLOSE Sold Prices

Land registry data shows five sales for 2 BIRCH CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the East Cambridgeshire local authority area for the corresponding sale date. Most of the five 2 BIRCH CLOSE sales were for above 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
2023 17 MAY	£265,000	£254,848	4% above HPI
2021 24 SEP	£251,500	£233,500	8% above HPI
2019 16 AUG	£219,950	£226,887	3% below HPI
2015 18 DEC	£211,500	£195,124	8% above HPI
2008 23 JUL	£144,000	£154,915	7% below HPI

2 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 five 2 BIRCH CLOSE sales between July 2008 and May 2023 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 September 2021 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2023 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 2 BIRCH CLOSE be worth now?

2 BIRCH CLOSE might now be worth an estimated £281,392.

This is based on house price inflation of 6.2%, between May 2023 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 6.2% inflationary increase is applied to the most recent sale price for 2 BIRCH CLOSE of £265,000 on 17th May 2023. For the value to have increased from £265,000 to £281,392 over the three years and one month to April 2026, the following assumptions must hold true:

• The value of 2 BIRCH CLOSE has moved in line with the HPI for terraced houses in the East Cambridgeshire local authority area.
• The May 2023 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BIRCH CLOSE has not materially changed since May 2023.

How Large is 2 BIRCH CLOSE?

2 BIRCH CLOSE is 57m² according to the EPC inspection conducted in August 2015. 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 2 BIRCH CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 2 BIRCH CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Ely.

2 BIRCH CLOSE: Plot and Title Map

2 BIRCH CLOSE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 2 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 2 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 2 BIRCH CLOSE?

2 BIRCH CLOSE is located in ELY, in the CB7 postcode district. The below map shows the position of No. 2 on BIRCH CLOSE.