8, SUFFOLK CLOSE, ELY, CB6 3EW - £370,000

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.

8 SUFFOLK CLOSE is a very large detached house of 166m², built sometime between 1996 and 2002, which could now be worth an estimated £548,143. It was last sold for £370,000 in June 2015, which was around 16% above the average June 2015 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

8 SUFFOLK CLOSE Sold Prices

Land registry data shows three sales for 8 SUFFOLK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. Two of the three 8 SUFFOLK CLOSE sales were for above the average price, whilst one 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
2015 19 JUN	£370,000	£320,273	16% above HPI
2012 28 NOV	£237,000	£260,278	9% below HPI
1997 19 DEC	£135,000	£95,812	41% above HPI

8 SUFFOLK 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 three 8 SUFFOLK CLOSE sales between December 1997 and June 2015 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 November 2012 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2015 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 8 SUFFOLK CLOSE be worth now?

8 SUFFOLK CLOSE might now be worth an estimated £548,143.

This is based on house price inflation of 48.1%, between June 2015 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 48.1% inflationary increase is applied to the most recent sale price for 8 SUFFOLK CLOSE of £370,000 on 19th June 2015. For the value to have increased from £370,000 to £548,143 over the ten years to June 2025, the following assumptions must hold true:

• The value of 8 SUFFOLK CLOSE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The June 2015 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SUFFOLK CLOSE has not materially changed since June 2015.

How Large is 8 SUFFOLK CLOSE?

8 SUFFOLK CLOSE is 166m² according to the EPC inspection conducted in February 2010. This puts it in the largest 20% 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 8 SUFFOLK CLOSE lies on this distribution: 87% of detached houses houses are smaller than 8 SUFFOLK CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Ely.

8 SUFFOLK CLOSE: Plot and Title Map

8 SUFFOLK CLOSE sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of 8 SUFFOLK 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 8 SUFFOLK 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 8 SUFFOLK CLOSE?

8 SUFFOLK CLOSE is located in ELY, in the CB6 postcode district. The below map shows the position of No. 8 on SUFFOLK CLOSE.