2A, HILLS LANE, ELY, CB6 1AY - £465,000

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.

2A HILLS LANE is a midsized extended detached house of 122m², built sometime between 1967 and 1975, which could now be worth an estimated £540,203. It was last sold for £465,000 in May 2019, which was around 14% above the average May 2019 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was November 2018, where the current energy rating was E, and the potential energy rating was C.

2A HILLS LANE Sold Prices

Land registry data shows two sales for 2A HILLS 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. Both of the two 2A HILLS 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
2019 24 MAY	£465,000	£408,421	14% above HPI
2019 28 FEB	£450,000	£389,242	16% above HPI

2A HILLS 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 HILLS LANE sales from February 2019 and May 2019 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 February 2019 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the May 2019 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 2A HILLS LANE be worth now?

2A HILLS LANE might now be worth an estimated £540,203.

This is based on house price inflation of 16.2%, between May 2019 and June 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 16.2% inflationary increase is applied to the most recent sale price for 2A HILLS LANE of £465,000 on 24th May 2019. For the value to have increased from £465,000 to £540,203 over the five years and eleven months to June 2025, the following assumptions must hold true:

• The value of 2A HILLS LANE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The May 2019 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 2A HILLS LANE has not materially changed since May 2019.

How Large is 2A HILLS LANE?

2A HILLS LANE is 122m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the largest 50% 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 HILLS LANE lies on this distribution: 54% of detached houses houses are smaller than 2A HILLS LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in Ely.

2A HILLS LANE: Plot and Title Map

2A HILLS LANE sits on a plot of roughly 0.158 of an acre, or 641m². The below map shows the location of 2A HILLS 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 HILLS 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 HILLS LANE?

2A HILLS LANE is located in ELY, in the CB6 postcode district. The below map shows the position of No. 2A on HILLS LANE.