15, WELLAND PLACE, ELY, CB6 2WE - £171,950

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 WELLAND PLACE is a very small semi-detached house of 72m², built sometime between 2003 and 2006, which could now be worth an estimated £334,801. It was last sold for £171,950 in October 2006, which was around 4% above the average October 2006 semi-detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

15 WELLAND PLACE Sold Prices

Land registry data shows two sales for 15 WELLAND PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Cambridgeshire local authority area for the corresponding sale date. Both of the two 15 WELLAND PLACE 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
2006 12 OCT	£171,950	£165,475	4% above HPI
2002 13 DEC	£131,950	£121,257	9% above HPI

15 WELLAND PLACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The two 15 WELLAND PLACE sales from December 2002 and October 2006 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 December 2002 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the October 2006 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 15 WELLAND PLACE be worth now?

15 WELLAND PLACE might now be worth an estimated £334,801.

This is based on house price inflation of 94.7%, between October 2006 and April 2026, for semi-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 94.7% inflationary increase is applied to the most recent sale price for 15 WELLAND PLACE of £171,950 on 12th October 2006. For the value to have increased from £171,950 to £334,801 over the twenty years and six months to April 2026, the following assumptions must hold true:

• The value of 15 WELLAND PLACE has moved in line with the HPI for semi-detached houses in the East Cambridgeshire local authority area.
• The October 2006 sale price of £171,950 represented a fair market value for the property.
• The size, condition, and specification of 15 WELLAND PLACE has not materially changed since October 2006.

How Large is 15 WELLAND PLACE?

15 WELLAND PLACE is 72m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of semi-detached houses houses in Ely, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ely, and where 15 WELLAND PLACE lies on this distribution: 6% of semi-detached houses houses are smaller than 15 WELLAND PLACE, and 94% of houses are larger. Note that EPC data is not available for all properties in Ely.

15 WELLAND PLACE: Plot and Title Map

15 WELLAND PLACE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 15 WELLAND PLACE, 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 WELLAND PLACE). 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 WELLAND PLACE?

15 WELLAND PLACE is located in ELY, in the CB6 postcode district. The below map shows the position of No. 15 on WELLAND PLACE.