22, PARADE LANE, ELY, CB7 4JA - £176,000

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 PARADE LANE is a very small extended terraced house of 63m², built sometime between 1900 and 1929, which could now be worth an estimated £333,117. It was last sold for £176,000 in January 2011, which was around 23% above the average January 2011 terraced price in the East Cambridgeshire local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.

22 PARADE LANE Sold Prices

Land registry data shows four sales for 22 PARADE LANE 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. All of the four 22 PARADE LANE 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
2011 21 JAN	£176,000	£142,976	23% above HPI
2006 12 MAY	£166,500	£138,036	21% above HPI
1999 19 MAR	£65,950	£55,924	18% above HPI
1997 28 OCT	£55,000	£50,480	9% above HPI

22 PARADE LANE 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 22 PARADE LANE sales between October 1997 and January 2011 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 May 2006 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the January 2011 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 22 PARADE LANE be worth now?

22 PARADE LANE might now be worth an estimated £333,117.

This is based on house price inflation of 89.3%, between January 2011 and April 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 89.3% inflationary increase is applied to the most recent sale price for 22 PARADE LANE of £176,000 on 21st January 2011. For the value to have increased from £176,000 to £333,117 over the fourteen years and nine months to April 2026, the following assumptions must hold true:

• The value of 22 PARADE LANE has moved in line with the HPI for terraced houses in the East Cambridgeshire local authority area.
• The January 2011 sale price of £176,000 represented a fair market value for the property.
• The size, condition, and specification of 22 PARADE LANE has not materially changed since January 2011.

How Large is 22 PARADE LANE?

22 PARADE LANE is 63m², which includes one extension, according to the EPC inspection conducted in January 2009. This puts it in the smallest 10% of terraced houses houses in Ely, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ely, and where 22 PARADE LANE lies on this distribution: 3% of terraced houses houses are smaller than 22 PARADE LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Ely.

22 PARADE LANE: Plot and Title Map

22 PARADE LANE sits on a plot of roughly 0.021 of an acre, or 87m². The below map shows the location of 22 PARADE 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 PARADE 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 PARADE LANE?

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