7, SAXON CLOSE, OAKINGTON, CAMBRIDGE, CB24 3AZ - £324,000

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.

7 SAXON CLOSE is a very small extended terraced house of 75m², built sometime between 2003 and 2006, which could now be worth an estimated £352,749. It was last sold for £324,000 in December 2021, which was around 9% above the average December 2021 terraced price in the South Cambridgeshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

7 SAXON CLOSE Sold Prices

Land registry data shows four sales for 7 SAXON 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 South Cambridgeshire local authority area for the corresponding sale date. All of the four 7 SAXON 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
2021 10 DEC	£324,000	£296,897	9% above HPI
2016 24 JUN	£295,000	£262,178	13% above HPI
2007 13 JUL	£206,000	£195,817	5% above HPI
2005 28 OCT	£179,995	£164,628	9% above HPI

7 SAXON CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Cambridgeshire local authority area over time, sourced from the HPI. The four 7 SAXON CLOSE sales between October 2005 and December 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 June 2016 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the December 2021 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 7 SAXON CLOSE be worth now?

7 SAXON CLOSE might now be worth an estimated £352,749.

This is based on house price inflation of 8.9%, between December 2021 and March 2026, for terraced 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 8.9% inflationary increase is applied to the most recent sale price for 7 SAXON CLOSE of £324,000 on 10th December 2021. For the value to have increased from £324,000 to £352,749 over the five years and nine months to March 2026, the following assumptions must hold true:

• The value of 7 SAXON CLOSE has moved in line with the HPI for terraced houses in the South Cambridgeshire local authority area.
• The December 2021 sale price of £324,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SAXON CLOSE has not materially changed since December 2021.

How Large is 7 SAXON CLOSE?

7 SAXON CLOSE is 75m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of terraced houses houses in Oakington, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Oakington, and where 7 SAXON CLOSE lies on this distribution: 13% of terraced houses houses are smaller than 7 SAXON CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Oakington.

7 SAXON CLOSE: Plot and Title Map

7 SAXON CLOSE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 7 SAXON 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 7 SAXON 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 7 SAXON CLOSE?

7 SAXON CLOSE is located in OAKINGTON, in the CB24 postcode district. The below map shows the position of No. 7 on SAXON CLOSE.