36, SHERBOURNE CLOSE, CAMBRIDGE, CB4 1RT - £172,000

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.

36 SHERBOURNE CLOSE is a very small extended flat of 34m², built sometime between 1983 and 1990, which could now be worth an estimated £168,393. It was last sold for £172,000 in May 2021, which was around 43% below the average May 2021 flat price in the Cambridge local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was C.

36 SHERBOURNE CLOSE Sold Prices

Land registry data shows five sales for 36 SHERBOURNE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Cambridge local authority area for the corresponding sale date. All of the five 36 SHERBOURNE CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 17 MAY	£172,000	£301,336	43% below HPI
2011 12 JAN	£71,000	£195,811	64% below HPI
2000 2 JUN	£39,950	£99,608	60% below HPI
1999 10 MAR	£28,950	£75,154	61% below HPI
1995 17 NOV	£21,000	£56,971	63% below HPI

What might 36 SHERBOURNE CLOSE be worth now?

36 SHERBOURNE CLOSE might now be worth an estimated £168,393.

This is based on house price deflation of 2.1%, between May 2021 and May 2026, for flats, in the Cambridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.1% deflationary decrease is applied to the most recent sale price for 36 SHERBOURNE CLOSE of £172,000 on 17th May 2021. For the value to have decreased from £172,000 to £168,393 over the five years to May 2026, the following assumptions must hold true:

• The value of 36 SHERBOURNE CLOSE has moved in line with the HPI for flats in the Cambridge local authority area.
• The May 2021 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of 36 SHERBOURNE CLOSE has not materially changed since May 2021.

How Large is 36 SHERBOURNE CLOSE?

36 SHERBOURNE CLOSE is 34m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% of flats in Cambridge, based on EPC data. 5% of flats are smaller than 36 SHERBOURNE CLOSE, and 94% of flats are larger. Note that EPC data is not available for all properties in Cambridge.

36 SHERBOURNE CLOSE: Plot

36 SHERBOURNE CLOSE sits on a plot of roughly 1.5 acres, or 6,098m².

Where is 36 SHERBOURNE CLOSE?

36 SHERBOURNE CLOSE is located in CAMBRIDGE, in the CB4 postcode district.