40, SILVER STREET, ELY, CB7 4JF - £242,500

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.

40 SILVER STREET is a very small terraced house of 60m², built sometime between 1900 and 1929, which could now be worth an estimated £245,836. It was last sold for £242,500 in September 2022, which was around 7% below the average September 2022 terraced price in the East Cambridgeshire local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

40 SILVER STREET Sold Prices

Land registry data shows three sales for 40 SILVER STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the East Cambridgeshire local authority area for the corresponding sale date. Two of the three 40 SILVER STREET sales were for below the average price, whilst one 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
2022 12 SEP	£242,500	£260,399	7% below HPI
2008 22 JUL	£123,000	£154,915	21% below HPI
2002 21 JUN	£94,950	£93,579	1% above HPI

40 SILVER STREET 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 three 40 SILVER STREET sales between June 2002 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 July 2008 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 40 SILVER STREET be worth now?

40 SILVER STREET might now be worth an estimated £245,836.

This is based on house price inflation of 1.4%, between September 2022 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 1.4% inflationary increase is applied to the most recent sale price for 40 SILVER STREET of £242,500 on 12th September 2022. For the value to have increased from £242,500 to £245,836 over the three years and three months to June 2025, the following assumptions must hold true:

• The value of 40 SILVER STREET has moved in line with the HPI for terraced houses in the East Cambridgeshire local authority area.
• The September 2022 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 40 SILVER STREET has not materially changed since September 2022.

How Large is 40 SILVER STREET?

40 SILVER STREET is 60m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of terraced houses houses in Ely, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ely, and where 40 SILVER STREET lies on this distribution: 2% of terraced houses houses are smaller than 40 SILVER STREET, and 98% of houses are larger. Note that EPC data is not available for all properties in Ely.

40 SILVER STREET: Plot and Title Map

40 SILVER STREET sits on a plot of roughly 0.021 of an acre, or 86m². The below map shows the location of 40 SILVER STREET, 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 40 SILVER STREET). 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 40 SILVER STREET?

40 SILVER STREET is located in ELY, in the CB7 postcode district. The below map shows the position of No. 40 on SILVER STREET.