2, COLE CLOSE, WITCHFORD, ELY, CB6 2JX - £223,000

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 COLE CLOSE is a small extended detached house of 97m², built sometime between 1983 and 1990, which could now be worth an estimated £425,256. It was last sold for £223,000 in July 2011, which was around 12% below the average July 2011 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was December 2010, where the current energy rating was E, and the potential energy rating was D.

2 COLE CLOSE Sold Prices

Land registry data shows three sales for 2 COLE 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 East Cambridgeshire local authority area for the corresponding sale date. All of the three 2 COLE 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
2011 15 JUL	£223,000	£253,172	12% below HPI
2006 25 MAY	£199,950	£235,932	15% below HPI
1998 27 MAR	£88,000	£99,340	11% below HPI

2 COLE 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 three 2 COLE CLOSE sales between March 1998 and July 2011 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 May 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2011 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 2 COLE CLOSE be worth now?

2 COLE CLOSE might now be worth an estimated £425,256.

This is based on house price inflation of 90.7%, between July 2011 and April 2026, for detached 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 90.7% inflationary increase is applied to the most recent sale price for 2 COLE CLOSE of £223,000 on 15th July 2011. For the value to have increased from £223,000 to £425,256 over the fifteen years and three months to April 2026, the following assumptions must hold true:

• The value of 2 COLE CLOSE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The July 2011 sale price of £223,000 represented a fair market value for the property.
• The size, condition, and specification of 2 COLE CLOSE has not materially changed since July 2011.

How Large is 2 COLE CLOSE?

2 COLE CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in December 2010. This puts it in the smallest 30% of detached houses houses in Witchford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Witchford, and where 2 COLE CLOSE lies on this distribution: 26% of detached houses houses are smaller than 2 COLE CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Witchford.

2 COLE CLOSE: Plot and Title Map

2 COLE CLOSE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 2 COLE 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 COLE 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 COLE CLOSE?

2 COLE CLOSE is located in WITCHFORD, in the CB6 postcode district. The below map shows the position of No. 2 on COLE CLOSE.