7, SHERBOURNE CLOSE, CAMBRIDGE, CB4 1RT - £420,000

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 SHERBOURNE CLOSE is a small terraced house of 112m², built sometime between 1967 and 1975, which could now be worth an estimated £464,813. It was last sold for £420,000 in January 2017, which was around 3% below the average January 2017 terraced price in the Cambridge local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

7 SHERBOURNE CLOSE Sold Prices

Land registry data shows two sales for 7 SHERBOURNE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Cambridge local authority area for the corresponding sale date. One of the two 7 SHERBOURNE CLOSE sales was for below the average price, whilst the other was 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 27 JAN	£420,000	£432,104	3% below HPI
1998 28 SEP	£103,000	£101,525	1% above HPI

7 SHERBOURNE 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 two 7 SHERBOURNE CLOSE sales from September 1998 and January 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 September 1998 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2017 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 7 SHERBOURNE CLOSE be worth now?

7 SHERBOURNE CLOSE might now be worth an estimated £464,813.

This is based on house price inflation of 10.7%, between January 2017 and April 2026, 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 10.7% inflationary increase is applied to the most recent sale price for 7 SHERBOURNE CLOSE of £420,000 on 27th January 2017. For the value to have increased from £420,000 to £464,813 over the eight years and nine months to April 2026, the following assumptions must hold true:

• The value of 7 SHERBOURNE CLOSE has moved in line with the HPI for terraced houses in the Cambridge local authority area.
• The January 2017 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SHERBOURNE CLOSE has not materially changed since January 2017.

How Large is 7 SHERBOURNE CLOSE?

7 SHERBOURNE CLOSE is 112m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 40% 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 7 SHERBOURNE CLOSE lies on this distribution: 35% of terraced houses houses are smaller than 7 SHERBOURNE CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

7 SHERBOURNE CLOSE: Plot and Title Map

7 SHERBOURNE CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 7 SHERBOURNE 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 SHERBOURNE 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 SHERBOURNE CLOSE?

7 SHERBOURNE CLOSE is located in CAMBRIDGE, in the CB4 postcode district. The below map shows the position of No. 7 on SHERBOURNE CLOSE.