2, RAYLEIGH CLOSE, CAMBRIDGE, CB2 8AZ - £1,350,000

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.

2 RAYLEIGH CLOSE is a large detached house of 172m², built sometime between 1976 and 1982, which could now be worth an estimated £1,449,334. It was last sold for £1,350,000 in June 2018, which was around 51% above the average June 2018 detached price in the Cambridge local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

2 RAYLEIGH CLOSE Sold Prices

Land registry data shows one sale for 2 RAYLEIGH 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 Cambridge 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
2018 4 JUN	£1,350,000	£896,250	51% above HPI

What might 2 RAYLEIGH CLOSE be worth now?

2 RAYLEIGH CLOSE might now be worth an estimated £1,449,334.

This is based on house price inflation of 7.4%, between June 2018 and May 2026, for detached 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 7.4% inflationary increase is applied to the most recent sale price for 2 RAYLEIGH CLOSE of £1,350,000 on 4th June 2018. For the value to have increased from £1,350,000 to £1,449,334 over the eight years and one month to May 2026, the following assumptions must hold true:

• The value of 2 RAYLEIGH CLOSE has moved in line with the HPI for detached houses in the Cambridge local authority area.
• The June 2018 sale price of £1,350,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RAYLEIGH CLOSE has not materially changed since June 2018.

How Large is 2 RAYLEIGH CLOSE?

2 RAYLEIGH CLOSE is 172m² according to the EPC inspection conducted in March 2017. This puts it in the largest 30% of detached houses in Cambridge, based on EPC data. The below chart shows the distribution of detached houses by size in Cambridge, and where 2 RAYLEIGH CLOSE lies on this distribution: 73% of detached houses are smaller than 2 RAYLEIGH CLOSE, and 27% of detached houses are larger. Note that EPC data is not available for all properties in Cambridge.

2 RAYLEIGH CLOSE: Plot

2 RAYLEIGH CLOSE sits on a plot of roughly 0.255 of an acre, or 1,032m².

Where is 2 RAYLEIGH CLOSE?

2 RAYLEIGH CLOSE is located in CAMBRIDGE, in the CB2 postcode district.