15, REDMAN CLOSE, ELY, CB7 4RY - £325,000

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.

15 REDMAN CLOSE is a very large extended semi-detached house of 126m², built sometime between 1950 and 1966, which could now be worth an estimated £348,540. It was last sold for £325,000 in March 2023, which was around 8% above the average March 2023 semi-detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

15 REDMAN CLOSE Sold Prices

Land registry data shows one sale for 15 REDMAN CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2023 13 MAR	£325,000	£300,433	8% above HPI

What might 15 REDMAN CLOSE be worth now?

15 REDMAN CLOSE might now be worth an estimated £348,540.

This is based on house price inflation of 7.2%, between March 2023 and April 2026, for semi-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 7.2% inflationary increase is applied to the most recent sale price for 15 REDMAN CLOSE of £325,000 on 13th March 2023. For the value to have increased from £325,000 to £348,540 over the two years and eleven months to April 2026, the following assumptions must hold true:

• The value of 15 REDMAN CLOSE has moved in line with the HPI for semi-detached houses in the East Cambridgeshire local authority area.
• The March 2023 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 15 REDMAN CLOSE has not materially changed since March 2023.

How Large is 15 REDMAN CLOSE?

15 REDMAN CLOSE is 126m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 20% of semi-detached houses in Ely, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Ely, and where 15 REDMAN CLOSE lies on this distribution: 87% of semi-detached houses are smaller than 15 REDMAN CLOSE, and 13% of semi-detached houses are larger. Note that EPC data is not available for all properties in Ely.

15 REDMAN CLOSE: Plot

15 REDMAN CLOSE sits on a plot of roughly 0.127 of an acre, or 513m².

Where is 15 REDMAN CLOSE?

15 REDMAN CLOSE is located in ELY, in the CB7 postcode district.