5, HERVEY CLOSE, ELY, CB6 3DU - £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.

5 HERVEY CLOSE is a small extended terraced house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £430,431. It was last sold for £350,000 in May 2017, which was around 63% above the average May 2017 terraced price in the East Cambridgeshire local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

5 HERVEY CLOSE Sold Prices

Land registry data shows four sales for 5 HERVEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the East Cambridgeshire local authority area for the corresponding sale date. All of the four 5 HERVEY 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
2017 26 MAY	£350,000	£214,653	63% above HPI
2006 20 OCT	£185,000	£144,256	28% above HPI
2003 19 SEP	£143,500	£112,865	27% above HPI
2002 31 JAN	£109,745	£85,294	29% above HPI

5 HERVEY 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 four 5 HERVEY CLOSE sales between January 2002 and May 2017 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 October 2006 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the May 2017 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might 5 HERVEY CLOSE be worth now?

5 HERVEY CLOSE might now be worth an estimated £430,431.

This is based on house price inflation of 23%, between May 2017 and June 2025, 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 23% inflationary increase is applied to the most recent sale price for 5 HERVEY CLOSE of £350,000 on 26th May 2017. For the value to have increased from £350,000 to £430,431 over the seven years and eleven months to June 2025, the following assumptions must hold true:

• The value of 5 HERVEY CLOSE has moved in line with the HPI for terraced houses in the East Cambridgeshire local authority area.
• The May 2017 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HERVEY CLOSE has not materially changed since May 2017.

How Large is 5 HERVEY CLOSE?

5 HERVEY CLOSE is 102m², which includes three extensions, according to the EPC inspection conducted in January 2017. This puts it in the smallest 40% of terraced houses houses in Ely, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ely, and where 5 HERVEY CLOSE lies on this distribution: 33% of terraced houses houses are smaller than 5 HERVEY CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Ely.

5 HERVEY CLOSE: Plot and Title Map

5 HERVEY CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 5 HERVEY 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 5 HERVEY 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 5 HERVEY CLOSE?

5 HERVEY CLOSE is located in ELY, in the CB6 postcode district. The below map shows the position of No. 5 on HERVEY CLOSE.