2, FALCON MEWS, ELY, CB6 3EB - £340,000

2 FALCON MEWS is a very small extended detached house of 82m², built sometime between 1967 and 1975. It was last sold for £340,000 in February 2023, which was around 29% below the average February 2023 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was B.

2 FALCON MEWS Sold Prices

Land registry data shows two sales for 2 FALCON MEWS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. Both of the two 2 FALCON MEWS 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
2023 28 FEB	£340,000	£476,016	29% below HPI
2020 11 SEP	£325,000	£399,566	19% below HPI

2 FALCON MEWS Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The two 2 FALCON MEWS sales from September 2020 and February 2023 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 September 2020 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 2 FALCON MEWS?

2 FALCON MEWS is 82m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where 2 FALCON MEWS lies on this distribution: 14% of detached houses are smaller than 2 FALCON MEWS, and 85% of houses are larger. Note that EPC data is not available for all properties in Ely.

2 FALCON MEWS: Plot and Title Map

2 FALCON MEWS sits on a plot of roughly 0.051 of an acre, or 204m². The below map shows the location of 2 FALCON MEWS, 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 2 FALCON MEWS). 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 2 FALCON MEWS?

2 FALCON MEWS is located in ELY, in the CB6 postcode district. The below map shows the position of No. 2 on FALCON MEWS.