3, HOLMES LANE, SOHAM, ELY, CB7 5JP - £263,000

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 HOLMES LANE is a large extended terraced house of 142m², built sometime before 1900, which could now be worth an estimated £423,152. It was last sold for £263,000 in March 2014, which was around 60% above the average March 2014 terraced price in the East Cambridgeshire local authority area. The most recent EPC inspection was June 2012, where the current energy rating was E, and the potential energy rating was B.

3 HOLMES LANE Sold Prices

Land registry data shows two sales for 3 HOLMES LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the East Cambridgeshire local authority area for the corresponding sale date. Both of the two 3 HOLMES 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
2014 24 MAR	£263,000	£164,071	60% above HPI
1997 29 JAN	£87,000	£46,958	85% above HPI

3 HOLMES 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 two 3 HOLMES LANE sales from January 1997 and March 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 January 1997 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the March 2014 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 3 HOLMES LANE be worth now?

3 HOLMES LANE might now be worth an estimated £423,152.

This is based on house price inflation of 60.9%, between March 2014 and June 2025, 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 60.9% inflationary increase is applied to the most recent sale price for 3 HOLMES LANE of £263,000 on 24th March 2014. For the value to have increased from £263,000 to £423,152 over the ten years and nine months to June 2025, the following assumptions must hold true:

• The value of 3 HOLMES LANE has moved in line with the HPI for terraced houses in the East Cambridgeshire local authority area.
• The March 2014 sale price of £263,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HOLMES LANE has not materially changed since March 2014.

How Large is 3 HOLMES LANE?

3 HOLMES LANE is 142m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the largest 30% of terraced houses houses in Soham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Soham, and where 3 HOLMES LANE lies on this distribution: 70% of terraced houses houses are smaller than 3 HOLMES LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Soham.

3 HOLMES LANE: Plot and Title Map

3 HOLMES LANE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 3 HOLMES 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 3 HOLMES 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 3 HOLMES LANE?

3 HOLMES LANE is located in SOHAM, in the CB7 postcode district. The below map shows the position of No. 3 on HOLMES LANE.