47, DERWENT CLOSE, CAMBRIDGE, CB1 8DY - £350,000

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.

47 DERWENT CLOSE is a very small terraced house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £381,600. It was last sold for £350,000 in November 2020, which was around 25% below the average November 2020 terraced price in the Cambridge local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

47 DERWENT CLOSE Sold Prices

Land registry data shows three sales for 47 DERWENT 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 Cambridge local authority area for the corresponding sale date. All of the three 47 DERWENT 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
2020 5 NOV	£350,000	£464,327	25% below HPI
1997 26 MAR	£63,750	£78,746	19% below HPI
1995 26 JUL	£61,000	£73,944	18% below HPI

47 DERWENT CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cambridge local authority area over time, sourced from the HPI. The three 47 DERWENT CLOSE sales between July 1995 and November 2020 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 March 1997 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 47 DERWENT CLOSE be worth now?

47 DERWENT CLOSE might now be worth an estimated £381,600.

This is based on house price inflation of 9%, between November 2020 and July 2025, for terraced houses, in the Cambridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9% inflationary increase is applied to the most recent sale price for 47 DERWENT CLOSE of £350,000 on 5th November 2020. For the value to have increased from £350,000 to £381,600 over the five years and four months to July 2025, the following assumptions must hold true:

• The value of 47 DERWENT CLOSE has moved in line with the HPI for terraced houses in the Cambridge local authority area.
• The November 2020 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 47 DERWENT CLOSE has not materially changed since November 2020.

How Large is 47 DERWENT CLOSE?

47 DERWENT CLOSE is 79m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of terraced houses houses in Cambridge, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Cambridge, and where 47 DERWENT CLOSE lies on this distribution: 9% of terraced houses houses are smaller than 47 DERWENT CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

47 DERWENT CLOSE: Plot and Title Map

47 DERWENT CLOSE sits on a plot of roughly 0.029 of an acre, or 116m². The below map shows the location of 47 DERWENT 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 47 DERWENT 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 47 DERWENT CLOSE?

47 DERWENT CLOSE is located in CAMBRIDGE, in the CB1 postcode district. The below map shows the position of No. 47 on DERWENT CLOSE.