15, TEAL AVENUE, SOHAM, ELY, CB7 5UX - £203,000

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.

15 TEAL AVENUE is a very small terraced house of 62m², built sometime between 2003 and 2006, which could now be worth an estimated £243,261. It was last sold for £203,000 in May 2019, which was around 11% below the average May 2019 terraced price in the East Cambridgeshire local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was C.

15 TEAL AVENUE Sold Prices

Land registry data shows four sales for 15 TEAL AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the East Cambridgeshire local authority area for the corresponding sale date. Most of the four 15 TEAL AVENUE sales were for below 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
2019 15 MAY	£203,000	£228,066	11% below HPI
2016 31 MAR	£177,500	£203,466	13% below HPI
2012 23 MAR	£133,500	£147,989	10% below HPI
2006 29 SEP	£152,995	£142,968	7% above HPI

15 TEAL AVENUE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The four 15 TEAL AVENUE sales between September 2006 and May 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2016 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2019 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 15 TEAL AVENUE be worth now?

15 TEAL AVENUE might now be worth an estimated £243,261.

This is based on house price inflation of 19.8%, between May 2019 and March 2026, for terraced 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 19.8% inflationary increase is applied to the most recent sale price for 15 TEAL AVENUE of £203,000 on 15th May 2019. For the value to have increased from £203,000 to £243,261 over the seven years and two months to March 2026, the following assumptions must hold true:

• The value of 15 TEAL AVENUE has moved in line with the HPI for terraced houses in the East Cambridgeshire local authority area.
• The May 2019 sale price of £203,000 represented a fair market value for the property.
• The size, condition, and specification of 15 TEAL AVENUE has not materially changed since May 2019.

How Large is 15 TEAL AVENUE?

15 TEAL AVENUE is 62m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 10% of terraced houses houses in Soham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Soham, and where 15 TEAL AVENUE lies on this distribution: 3% of terraced houses houses are smaller than 15 TEAL AVENUE, and 97% of houses are larger. Note that EPC data is not available for all properties in Soham.

15 TEAL AVENUE: Plot and Title Map

15 TEAL AVENUE sits on a plot of roughly 0.029 of an acre, or 116m². The below map shows the location of 15 TEAL AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 15 TEAL AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 15 TEAL AVENUE?

15 TEAL AVENUE is located in SOHAM, in the CB7 postcode district. The below map shows the position of No. 15 on TEAL AVENUE.