7, NEALE CLOSE, CAMBRIDGE, CB1 3LE - £350,000

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.

7 NEALE CLOSE is a small semi-detached house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £373,580. It was last sold for £350,000 in October 2019, which was around 37% below the average October 2019 semi-detached price in the Cambridge local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

7 NEALE CLOSE Sold Prices

Land registry data shows one sale for 7 NEALE 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 Cambridge 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
2019 3 OCT	£350,000	£555,021	37% below HPI

What might 7 NEALE CLOSE be worth now?

7 NEALE CLOSE might now be worth an estimated £373,580.

This is based on house price inflation of 6.7%, between October 2019 and May 2026, for semi-detached houses, in the Cambridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.7% inflationary increase is applied to the most recent sale price for 7 NEALE CLOSE of £350,000 on 3rd October 2019. For the value to have increased from £350,000 to £373,580 over the seven years and five months to May 2026, the following assumptions must hold true:

• The value of 7 NEALE CLOSE has moved in line with the HPI for semi-detached houses in the Cambridge local authority area.
• The October 2019 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 7 NEALE CLOSE has not materially changed since October 2019.

How Large is 7 NEALE CLOSE?

7 NEALE CLOSE is 82m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 30% of semi-detached houses in Cambridge, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Cambridge, and where 7 NEALE CLOSE lies on this distribution: 24% of semi-detached houses are smaller than 7 NEALE CLOSE, and 74% of semi-detached houses are larger. Note that EPC data is not available for all properties in Cambridge.

7 NEALE CLOSE: Plot

7 NEALE CLOSE sits on a plot of roughly 0.072 of an acre, or 293m².

Where is 7 NEALE CLOSE?

7 NEALE CLOSE is located in CAMBRIDGE, in the CB1 postcode district.