48, SHERLOCK CLOSE, CAMBRIDGE, CB3 0HP - £229,000

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.

48 SHERLOCK CLOSE is a small flat of 56m², built sometime between 1950 and 1966, which could now be worth an estimated £330,572. It was last sold for £229,000 in November 2010, which was around 12% above the average November 2010 flat price in the Cambridge local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

48 SHERLOCK CLOSE Sold Prices

Land registry data shows four sales for 48 SHERLOCK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Cambridge local authority area for the corresponding sale date. Most of the four 48 SHERLOCK CLOSE sales were for above 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
2010 5 NOV	£229,000	£204,369	12% above HPI
2005 18 JUL	£179,000	£170,197	5% above HPI
2000 20 APR	£55,000	£95,468	42% below HPI
1998 17 AUG	£89,950	£73,720	22% above HPI

What might 48 SHERLOCK CLOSE be worth now?

48 SHERLOCK CLOSE might now be worth an estimated £330,572.

This is based on house price inflation of 44.4%, between November 2010 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 44.4% inflationary increase is applied to the most recent sale price for 48 SHERLOCK CLOSE of £229,000 on 5th November 2010. For the value to have increased from £229,000 to £330,572 over the sixteen years and six months to May 2026, the following assumptions must hold true:

• The value of 48 SHERLOCK CLOSE has moved in line with the HPI for flats in the Cambridge local authority area.
• The November 2010 sale price of £229,000 represented a fair market value for the property.
• The size, condition, and specification of 48 SHERLOCK CLOSE has not materially changed since November 2010.

How Large is 48 SHERLOCK CLOSE?

48 SHERLOCK CLOSE is 56m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 40% of flats in Cambridge, based on EPC data. 39% of flats are smaller than 48 SHERLOCK CLOSE, and 59% of flats are larger. Note that EPC data is not available for all properties in Cambridge.

48 SHERLOCK CLOSE: Plot

48 SHERLOCK CLOSE sits on a plot of roughly 2.5 acres, or 10,049m².

Where is 48 SHERLOCK CLOSE?

48 SHERLOCK CLOSE is located in CAMBRIDGE, in the CB3 postcode district.