22, BANCROFT LANE, SOHAM, ELY, CB7 5DG - £222,000

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.

22 BANCROFT LANE is a very small semi-detached house of 74m², built sometime between 1996 and 2002, which could now be worth an estimated £284,984. It was last sold for £222,000 in February 2017, which was around 12% below the average February 2017 semi-detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

22 BANCROFT LANE Sold Prices

Land registry data shows five sales for 22 BANCROFT LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the East Cambridgeshire local authority area for the corresponding sale date. Most of the five 22 BANCROFT LANE 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
2017 21 FEB	£222,000	£250,986	12% below HPI
2010 10 DEC	£147,500	£166,796	12% below HPI
2004 19 MAR	£130,000	£136,268	5% below HPI
2002 19 DEC	£127,500	£121,257	5% above HPI
1995 24 MAR	£59,446	£49,907	19% above HPI

22 BANCROFT LANE 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 five 22 BANCROFT LANE sales between March 1995 and February 2017 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 2010 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2017 sale, which was also at 12% below the HPI.

What might 22 BANCROFT LANE be worth now?

22 BANCROFT LANE might now be worth an estimated £284,984.

This is based on house price inflation of 28.4%, between February 2017 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 28.4% inflationary increase is applied to the most recent sale price for 22 BANCROFT LANE of £222,000 on 21st February 2017. For the value to have increased from £222,000 to £284,984 over the eight years and ten months to April 2026, the following assumptions must hold true:

• The value of 22 BANCROFT LANE has moved in line with the HPI for semi-detached houses in the East Cambridgeshire local authority area.
• The February 2017 sale price of £222,000 represented a fair market value for the property.
• The size, condition, and specification of 22 BANCROFT LANE has not materially changed since February 2017.

How Large is 22 BANCROFT LANE?

22 BANCROFT LANE is 74m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% of semi-detached houses houses in Soham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Soham, and where 22 BANCROFT LANE lies on this distribution: 10% of semi-detached houses houses are smaller than 22 BANCROFT LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Soham.

22 BANCROFT LANE: Plot and Title Map

22 BANCROFT LANE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 22 BANCROFT LANE, 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 22 BANCROFT LANE). 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 22 BANCROFT LANE?

22 BANCROFT LANE is located in SOHAM, in the CB7 postcode district. The below map shows the position of No. 22 on BANCROFT LANE.