2A, BACK LANE, ELY, CB7 4AR - £249,950

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.

2A BACK LANE is a very small detached house of 62m², built sometime between 2003 and 2006, which could now be worth an estimated £384,392. It was last sold for £249,950 in June 2015, which was around 22% below the average June 2015 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was November 2010, where the current energy rating was C, and the potential energy rating was C.

2A BACK LANE Sold Prices

Land registry data shows two sales for 2A BACK LANE 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. One of the two 2A BACK LANE sales was for below the average price, whilst the other was 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
2015 19 JUN	£249,950	£320,273	22% below HPI
2004 6 AUG	£228,000	£223,233	2% above HPI

2A BACK LANE 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 2A BACK LANE sales from August 2004 and June 2015 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 August 2004 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2015 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 2A BACK LANE be worth now?

2A BACK LANE might now be worth an estimated £384,392.

This is based on house price inflation of 53.8%, between June 2015 and March 2025, for 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 53.8% inflationary increase is applied to the most recent sale price for 2A BACK LANE of £249,950 on 19th June 2015. For the value to have increased from £249,950 to £384,392 over the ten years and three months to March 2025, the following assumptions must hold true:

• The value of 2A BACK LANE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The June 2015 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 2A BACK LANE has not materially changed since June 2015.

How Large is 2A BACK LANE?

2A BACK LANE is 62m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 10% of detached houses houses in Ely, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ely, and where 2A BACK LANE lies on this distribution: 3% of detached houses houses are smaller than 2A BACK LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Ely.

2A BACK LANE: Plot and Title Map

2A BACK LANE sits on a plot of roughly 0.020 of an acre, or 79m². The below map shows the location of 2A BACK 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 2A BACK 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 2A BACK LANE?

2A BACK LANE is located in ELY, in the CB7 postcode district. The below map shows the position of No. 2A on BACK LANE.