5, REDMAN CLOSE, ELY, CB7 4RY - £515,000

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.

5 REDMAN CLOSE is a large extended detached house of 148m², built sometime between 1950 and 1966, which could now be worth an estimated £529,650. It was last sold for £515,000 in March 2024, which was around 10% above the average March 2024 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

5 REDMAN CLOSE Sold Prices

Land registry data shows one sale for 5 REDMAN 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 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
2024 1 MAR	£515,000	£469,439	10% above HPI

What might 5 REDMAN CLOSE be worth now?

5 REDMAN CLOSE might now be worth an estimated £529,650.

This is based on house price inflation of 2.8%, between March 2024 and April 2026, for 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 2.8% inflationary increase is applied to the most recent sale price for 5 REDMAN CLOSE of £515,000 on 1st March 2024. For the value to have increased from £515,000 to £529,650 over the one year and eleven months to April 2026, the following assumptions must hold true:

• The value of 5 REDMAN CLOSE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The March 2024 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 5 REDMAN CLOSE has not materially changed since March 2024.

How Large is 5 REDMAN CLOSE?

5 REDMAN CLOSE is 148m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 30% of detached houses in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where 5 REDMAN CLOSE lies on this distribution: 77% of detached houses are smaller than 5 REDMAN CLOSE, and 22% of detached houses are larger. Note that EPC data is not available for all properties in Ely.

5 REDMAN CLOSE: Plot

5 REDMAN CLOSE sits on a plot of roughly 13.0 acres, or 52,577m².

Where is 5 REDMAN CLOSE?

5 REDMAN CLOSE is located in ELY, in the CB7 postcode district.