18, REDMAN CLOSE, ELY, CB7 4RY - £430,000

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.

18 REDMAN CLOSE is a midsized extended detached house of 126m², built sometime between 1950 and 1966, which could now be worth an estimated £449,242. It was last sold for £430,000 in May 2023, which was around 7% below the average May 2023 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.

18 REDMAN CLOSE Sold Prices

Land registry data shows one sale for 18 REDMAN 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
2023 26 MAY	£430,000	£462,114	7% below HPI

What might 18 REDMAN CLOSE be worth now?

18 REDMAN CLOSE might now be worth an estimated £449,242.

This is based on house price inflation of 4.5%, between May 2023 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 4.5% inflationary increase is applied to the most recent sale price for 18 REDMAN CLOSE of £430,000 on 26th May 2023. For the value to have increased from £430,000 to £449,242 over the three years and one month to April 2026, the following assumptions must hold true:

• The value of 18 REDMAN CLOSE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The May 2023 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 18 REDMAN CLOSE has not materially changed since May 2023.

How Large is 18 REDMAN CLOSE?

18 REDMAN CLOSE is 126m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 50% of detached houses in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where 18 REDMAN CLOSE lies on this distribution: 59% of detached houses are smaller than 18 REDMAN CLOSE, and 40% of detached houses are larger. Note that EPC data is not available for all properties in Ely.

18 REDMAN CLOSE: Plot

18 REDMAN CLOSE sits on a plot of roughly 0.289 of an acre, or 1,169m².

Where is 18 REDMAN CLOSE?

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