2, FAIRHAVEN CLOSE, LODE, CAMBRIDGE, CB25 9HG - £320,000

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 FAIRHAVEN CLOSE is a small extended terraced house of 104m², built sometime between 1976 and 1982, which could now be worth an estimated £439,890. It was last sold for £320,000 in January 2016, which was around 63% above the average January 2016 terraced price in the East Cambridgeshire local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

2 FAIRHAVEN CLOSE Sold Prices

Land registry data shows three sales for 2 FAIRHAVEN 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 2 FAIRHAVEN 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
2016 8 JAN	£320,000	£196,858	63% above HPI
2004 4 NOV	£215,000	£133,142	61% above HPI
2002 24 MAY	£116,000	£93,106	25% above HPI

2 FAIRHAVEN 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 2 FAIRHAVEN CLOSE sales between May 2002 and January 2016 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 November 2004 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the January 2016 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might 2 FAIRHAVEN CLOSE be worth now?

2 FAIRHAVEN CLOSE might now be worth an estimated £439,890.

This is based on house price inflation of 37.5%, between January 2016 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 37.5% inflationary increase is applied to the most recent sale price for 2 FAIRHAVEN CLOSE of £320,000 on 8th January 2016. For the value to have increased from £320,000 to £439,890 over the nine years and nine months to April 2026, the following assumptions must hold true:

• The value of 2 FAIRHAVEN CLOSE has moved in line with the HPI for terraced houses in the East Cambridgeshire local authority area.
• The January 2016 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FAIRHAVEN CLOSE has not materially changed since January 2016.

How Large is 2 FAIRHAVEN CLOSE?

2 FAIRHAVEN CLOSE is 104m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 40% of terraced houses houses in Lode, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lode, and where 2 FAIRHAVEN CLOSE lies on this distribution: 31% of terraced houses houses are smaller than 2 FAIRHAVEN CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Lode.

2 FAIRHAVEN CLOSE: Plot and Title Map

2 FAIRHAVEN CLOSE sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of 2 FAIRHAVEN 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 FAIRHAVEN 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 FAIRHAVEN CLOSE?

2 FAIRHAVEN CLOSE is located in LODE, in the CB25 postcode district. The below map shows the position of No. 2 on FAIRHAVEN CLOSE.