6, PHILIPPA CLOSE, ELY, CB6 1BT - £450,000

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.

6 PHILIPPA CLOSE is a large extended detached house of 142m², built sometime between 1983 and 1990, which could now be worth an estimated £519,715. It was last sold for £450,000 in June 2021, which was around 10% above the average June 2021 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

6 PHILIPPA CLOSE Sold Prices

Land registry data shows two sales for 6 PHILIPPA 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. One of the two 6 PHILIPPA CLOSE sales was for above the average price, whilst the other was 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
2021 18 JUN	£450,000	£410,828	10% above HPI
1996 20 SEP	£65,000	£81,817	21% below HPI

6 PHILIPPA 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 6 PHILIPPA CLOSE sales from September 1996 and June 2021 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 September 1996 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2021 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 6 PHILIPPA CLOSE be worth now?

6 PHILIPPA CLOSE might now be worth an estimated £519,715.

This is based on house price inflation of 15.5%, between June 2021 and June 2025, for detached 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 15.5% inflationary increase is applied to the most recent sale price for 6 PHILIPPA CLOSE of £450,000 on 18th June 2021. For the value to have increased from £450,000 to £519,715 over the four years to June 2025, the following assumptions must hold true:

• The value of 6 PHILIPPA CLOSE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The June 2021 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 6 PHILIPPA CLOSE has not materially changed since June 2021.

How Large is 6 PHILIPPA CLOSE?

6 PHILIPPA CLOSE is 142m², which includes one extension, according to the EPC inspection conducted in December 2020. This puts it in the largest 30% of detached houses houses in Ely, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ely, and where 6 PHILIPPA CLOSE lies on this distribution: 73% of detached houses houses are smaller than 6 PHILIPPA CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Ely.

6 PHILIPPA CLOSE: Plot and Title Map

6 PHILIPPA CLOSE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 6 PHILIPPA 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 6 PHILIPPA 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 6 PHILIPPA CLOSE?

6 PHILIPPA CLOSE is located in ELY, in the CB6 postcode district. The below map shows the position of No. 6 on PHILIPPA CLOSE.