3, GRACE GARDENS, ELY, CB6 3GG - £265,000

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.

3 GRACE GARDENS is a midsized semi-detached house of 111m², built sometime from 2007 onwards, which could now be worth an estimated £412,958. It was last sold for £265,000 in December 2014, which was around 30% above the average December 2014 semi-detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was November 2008, where the current energy rating was B, and the potential energy rating was B.

3 GRACE GARDENS Sold Prices

Land registry data shows two sales for 3 GRACE GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Cambridgeshire local authority area for the corresponding sale date. Both of the two 3 GRACE GARDENS 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
2014 9 DEC	£265,000	£204,376	30% above HPI
2009 6 FEB	£185,150	£156,277	18% above HPI

3 GRACE GARDENS 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 two 3 GRACE GARDENS sales from February 2009 and December 2014 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 2009 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the December 2014 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 3 GRACE GARDENS be worth now?

3 GRACE GARDENS might now be worth an estimated £412,958.

This is based on house price inflation of 55.8%, between December 2014 and June 2025, 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 55.8% inflationary increase is applied to the most recent sale price for 3 GRACE GARDENS of £265,000 on 9th December 2014. For the value to have increased from £265,000 to £412,958 over the eleven years and six months to June 2025, the following assumptions must hold true:

• The value of 3 GRACE GARDENS has moved in line with the HPI for semi-detached houses in the East Cambridgeshire local authority area.
• The December 2014 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GRACE GARDENS has not materially changed since December 2014.

How Large is 3 GRACE GARDENS?

3 GRACE GARDENS is 111m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 50% of semi-detached houses houses in Ely, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ely, and where 3 GRACE GARDENS lies on this distribution: 43% of semi-detached houses houses are smaller than 3 GRACE GARDENS, and 57% of houses are larger. Note that EPC data is not available for all properties in Ely.

3 GRACE GARDENS: Plot and Title Map

3 GRACE GARDENS sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 3 GRACE GARDENS, 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 3 GRACE GARDENS). 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 3 GRACE GARDENS?

3 GRACE GARDENS is located in ELY, in the CB6 postcode district. The below map shows the position of No. 3 on GRACE GARDENS.