3, HEMINGTON CLOSE, OVER, CAMBRIDGE, CB24 5LX - £355,000

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.

3 HEMINGTON CLOSE is a large extended detached house of 146m², built sometime between 1983 and 1990, which could now be worth an estimated £524,226. It was last sold for £355,000 in June 2014, which was around 14% below the average June 2014 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was B.

3 HEMINGTON CLOSE Sold Prices

Land registry data shows two sales for 3 HEMINGTON 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 South Cambridgeshire local authority area for the corresponding sale date. Both of the two 3 HEMINGTON 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 19 JUN	£355,000	£414,471	14% below HPI
1997 18 APR	£79,500	£120,741	34% below HPI

3 HEMINGTON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Cambridgeshire local authority area over time, sourced from the HPI. The two 3 HEMINGTON CLOSE sales from April 1997 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 April 1997 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2014 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 3 HEMINGTON CLOSE be worth now?

3 HEMINGTON CLOSE might now be worth an estimated £524,226.

This is based on house price inflation of 47.7%, between June 2014 and May 2026, for detached houses, in the South Cambridgeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 47.7% inflationary increase is applied to the most recent sale price for 3 HEMINGTON CLOSE of £355,000 on 19th June 2014. For the value to have increased from £355,000 to £524,226 over the twelve years and one month to May 2026, the following assumptions must hold true:

• The value of 3 HEMINGTON CLOSE has moved in line with the HPI for detached houses in the South Cambridgeshire local authority area.
• The June 2014 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HEMINGTON CLOSE has not materially changed since June 2014.

How Large is 3 HEMINGTON CLOSE?

3 HEMINGTON CLOSE is 146m², which includes two extensions, according to the EPC inspection conducted in December 2012. This puts it in the largest 40% of detached houses houses in Over, based on EPC data. The below chart shows the distribution of detached houses houses by size in Over, and where 3 HEMINGTON CLOSE lies on this distribution: 63% of detached houses houses are smaller than 3 HEMINGTON CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Over.

3 HEMINGTON CLOSE: Plot and Title Map

3 HEMINGTON CLOSE sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of 3 HEMINGTON 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 3 HEMINGTON 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 3 HEMINGTON CLOSE?

3 HEMINGTON CLOSE is located in OVER, in the CB24 postcode district. The below map shows the position of No. 3 on HEMINGTON CLOSE.