24, THE PITS, ISLEHAM, ELY, CB7 5QS - £290,000

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.

24 THE PITS is a very small semi-detached house of 87m², built sometime between 1900 and 1929, which could now be worth an estimated £312,518. It was last sold for £290,000 in September 2022, which was around 5% below the average September 2022 semi-detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

24 THE PITS Sold Prices

Land registry data shows three sales for 24 THE PITS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the three 24 THE PITS 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
2022 27 SEP	£290,000	£306,640	5% below HPI
2007 19 JAN	£125,000	£169,198	26% below HPI
2006 13 SEP	£125,000	£163,615	24% below HPI

24 THE PITS 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 three 24 THE PITS sales between September 2006 and September 2022 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 January 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 24 THE PITS be worth now?

24 THE PITS might now be worth an estimated £312,518.

This is based on house price inflation of 7.8%, between September 2022 and May 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 7.8% inflationary increase is applied to the most recent sale price for 24 THE PITS of £290,000 on 27th September 2022. For the value to have increased from £290,000 to £312,518 over the four years and four months to May 2026, the following assumptions must hold true:

• The value of 24 THE PITS has moved in line with the HPI for semi-detached houses in the East Cambridgeshire local authority area.
• The September 2022 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 24 THE PITS has not materially changed since September 2022.

How Large is 24 THE PITS?

24 THE PITS is 87m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% of semi-detached houses houses in Isleham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Isleham, and where 24 THE PITS lies on this distribution: 10% of semi-detached houses houses are smaller than 24 THE PITS, and 88% of houses are larger. Note that EPC data is not available for all properties in Isleham.

24 THE PITS: Plot and Title Map

24 THE PITS sits on a plot of roughly 0.023 of an acre, or 93m². The below map shows the location of 24 THE PITS, 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 24 THE PITS). 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 24 THE PITS?

24 THE PITS is located in ISLEHAM, in the CB7 postcode district. The below map shows the position of No. 24 on THE PITS.