41, LAUREL CLOSE, MEPAL, ELY, CB6 2BN - £240,000

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.

41 LAUREL CLOSE is a small extended semi-detached house of 79m², built sometime between 1983 and 1990, which could now be worth an estimated £294,232. It was last sold for £240,000 in September 2018, which was around 9% below the average September 2018 semi-detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

41 LAUREL CLOSE Sold Prices

Land registry data shows one sale for 41 LAUREL 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
2018 7 SEP	£240,000	£262,808	9% below HPI

What might 41 LAUREL CLOSE be worth now?

41 LAUREL CLOSE might now be worth an estimated £294,232.

This is based on house price inflation of 22.6%, between September 2018 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 22.6% inflationary increase is applied to the most recent sale price for 41 LAUREL CLOSE of £240,000 on 7th September 2018. For the value to have increased from £240,000 to £294,232 over the eight years and five months to April 2026, the following assumptions must hold true:

• The value of 41 LAUREL CLOSE has moved in line with the HPI for semi-detached houses in the East Cambridgeshire local authority area.
• The September 2018 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 41 LAUREL CLOSE has not materially changed since September 2018.

How Large is 41 LAUREL CLOSE?

41 LAUREL CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 40% of semi-detached houses in Mepal, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Mepal, and where 41 LAUREL CLOSE lies on this distribution: 32% of semi-detached houses are smaller than 41 LAUREL CLOSE, and 66% of semi-detached houses are larger. Note that EPC data is not available for all properties in Mepal.

41 LAUREL CLOSE: Plot

41 LAUREL CLOSE sits on a plot of roughly 0.070 of an acre, or 284m².

Where is 41 LAUREL CLOSE?

41 LAUREL CLOSE is located in MEPAL, in the CB6 postcode district.