3, PEARCE CLOSE, CAMBRIDGE, CB3 9LY - £625,000

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.

3 PEARCE CLOSE is a midsized semi-detached house of 103m², built sometime between 1983 and 1990, which could now be worth an estimated £719,184. It was last sold for £625,000 in March 2017, which was around 21% above the average March 2017 semi-detached price in the Cambridge local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

3 PEARCE CLOSE Sold Prices

Land registry data shows one sale for 3 PEARCE 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 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
2017 10 MAR	£625,000	£514,832	21% above HPI

What might 3 PEARCE CLOSE be worth now?

3 PEARCE CLOSE might now be worth an estimated £719,184.

This is based on house price inflation of 15.1%, between March 2017 and May 2026, for semi-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 15.1% inflationary increase is applied to the most recent sale price for 3 PEARCE CLOSE of £625,000 on 10th March 2017. For the value to have increased from £625,000 to £719,184 over the eight years and ten months to May 2026, the following assumptions must hold true:

• The value of 3 PEARCE CLOSE has moved in line with the HPI for semi-detached houses in the Cambridge local authority area.
• The March 2017 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PEARCE CLOSE has not materially changed since March 2017.

How Large is 3 PEARCE CLOSE?

3 PEARCE CLOSE is 103m² according to the EPC inspection conducted in November 2016. This puts it in the largest 50% of semi-detached houses in Cambridge, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Cambridge, and where 3 PEARCE CLOSE lies on this distribution: 58% of semi-detached houses are smaller than 3 PEARCE CLOSE, and 41% of semi-detached houses are larger. Note that EPC data is not available for all properties in Cambridge.

3 PEARCE CLOSE: Plot

3 PEARCE CLOSE sits on a plot of roughly 0.063 of an acre, or 255m².

Where is 3 PEARCE CLOSE?

3 PEARCE CLOSE is located in CAMBRIDGE, in the CB3 postcode district.