56, SHERLOCK CLOSE, CAMBRIDGE, CB3 0HP - £340,000

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.

56 SHERLOCK CLOSE is a large flat of 75m², built sometime between 1967 and 1975, which could now be worth an estimated £305,533. It was last sold for £340,000 in June 2023, which was around 4% above the average June 2023 flat price in the Cambridge local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was C.

56 SHERLOCK CLOSE Sold Prices

Land registry data shows three sales for 56 SHERLOCK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Cambridge local authority area for the corresponding sale date. All of the three 56 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
2023 23 JUN	£340,000	£328,297	4% above HPI
2006 1 JUN	£225,000	£190,115	18% above HPI
2002 20 DEC	£185,000	£148,390	25% above HPI

What might 56 SHERLOCK CLOSE be worth now?

56 SHERLOCK CLOSE might now be worth an estimated £305,533.

This is based on house price deflation of 10.1%, between June 2023 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 10.1% deflationary decrease is applied to the most recent sale price for 56 SHERLOCK CLOSE of £340,000 on 23rd June 2023. For the value to have decreased from £340,000 to £305,533 over the three years and one month to May 2026, the following assumptions must hold true:

• The value of 56 SHERLOCK CLOSE has moved in line with the HPI for flats in the Cambridge local authority area.
• The June 2023 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 56 SHERLOCK CLOSE has not materially changed since June 2023.

How Large is 56 SHERLOCK CLOSE?

56 SHERLOCK CLOSE is 75m² according to the EPC inspection conducted in November 2022. This puts it in the largest 30% of flats in Cambridge, based on EPC data. 76% of flats are smaller than 56 SHERLOCK CLOSE, and 23% of flats are larger. Note that EPC data is not available for all properties in Cambridge.

56 SHERLOCK CLOSE: Plot

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

Where is 56 SHERLOCK CLOSE?

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