47, LAUREL CLOSE, MEPAL, ELY, CB6 2BN - £340,000

47 LAUREL CLOSE is a midsized detached house of 96m², built sometime between 1983 and 1990. It was last sold for £340,000 in July 2019, which was around 14% below the average July 2019 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

47 LAUREL CLOSE Sold Prices

Land registry data shows two sales for 47 LAUREL 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 East Cambridgeshire local authority area for the corresponding sale date. Both of the two 47 LAUREL 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
2019 11 JUL	£340,000	£395,284	14% below HPI
1997 27 MAR	£79,950	£83,108	4% below HPI

47 LAUREL 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 two 47 LAUREL CLOSE sales from March 1997 and July 2019 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 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2019 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 47 LAUREL CLOSE?

47 LAUREL CLOSE is 96m² according to the EPC inspection conducted in March 2018. This puts it in the largest 50% of detached houses in Mepal, based on EPC data. The below chart shows the distribution of detached houses by size in Mepal, and where 47 LAUREL CLOSE lies on this distribution: 58% of detached houses are smaller than 47 LAUREL CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Mepal.

47 LAUREL CLOSE: Plot and Title Map

47 LAUREL CLOSE sits on a plot of roughly 0.182 of an acre, or 736m². The below map shows the location of 47 LAUREL 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 LAUREL 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 LAUREL CLOSE?

47 LAUREL CLOSE is located in MEPAL, in the CB6 postcode district. The below map shows the position of No. 47 on LAUREL CLOSE.