1, HERVEY CLOSE, ELY, CB6 3DU - £322,000

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.

1 HERVEY CLOSE is a very small extended detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £389,562. It was last sold for £322,000 in November 2019, which was around 19% below the average November 2019 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was B.

1 HERVEY CLOSE Sold Prices

Land registry data shows one sale for 1 HERVEY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 4 NOV	£322,000	£399,062	19% below HPI

What might 1 HERVEY CLOSE be worth now?

1 HERVEY CLOSE might now be worth an estimated £389,562.

This is based on house price inflation of 21%, between November 2019 and April 2026, 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 21% inflationary increase is applied to the most recent sale price for 1 HERVEY CLOSE of £322,000 on 4th November 2019. For the value to have increased from £322,000 to £389,562 over the seven years and seven months to April 2026, the following assumptions must hold true:

• The value of 1 HERVEY CLOSE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The November 2019 sale price of £322,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HERVEY CLOSE has not materially changed since November 2019.

How Large is 1 HERVEY CLOSE?

1 HERVEY CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% of detached houses in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where 1 HERVEY CLOSE lies on this distribution: 15% of detached houses are smaller than 1 HERVEY CLOSE, and 85% of detached houses are larger. Note that EPC data is not available for all properties in Ely.

1 HERVEY CLOSE: Plot

1 HERVEY CLOSE sits on a plot of roughly 0.075 of an acre, or 302m².

Where is 1 HERVEY CLOSE?

1 HERVEY CLOSE is located in ELY, in the CB6 postcode district.