47, SPRINGHEAD LANE, ELY, CB7 4QY - £310,000

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.

47 SPRINGHEAD LANE is a very large detached house of 293m², built in 2016, which could now be worth an estimated £429,841. It was last sold for £310,000 in October 2015, which was around 11% below the average October 2015 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was August 2018, where the current energy rating was B, and the potential energy rating was B.

47 SPRINGHEAD LANE Sold Prices

Land registry data shows one sale for 47 SPRINGHEAD LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 19 OCT	£310,000	£348,189	11% below HPI

What might 47 SPRINGHEAD LANE be worth now?

47 SPRINGHEAD LANE might now be worth an estimated £429,841.

This is based on house price inflation of 38.7%, between October 2015 and April 2026, 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 38.7% inflationary increase is applied to the most recent sale price for 47 SPRINGHEAD LANE of £310,000 on 19th October 2015. For the value to have increased from £310,000 to £429,841 over the eleven years and six months to April 2026, the following assumptions must hold true:

• The value of 47 SPRINGHEAD LANE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The October 2015 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 47 SPRINGHEAD LANE has not materially changed since October 2015.

How Large is 47 SPRINGHEAD LANE?

47 SPRINGHEAD LANE is 293m² according to the EPC inspection conducted in August 2018. This puts it in the largest 10% of detached houses in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where 47 SPRINGHEAD LANE lies on this distribution: 99% of detached houses are smaller than 47 SPRINGHEAD LANE, and 1% of detached houses are larger. Note that EPC data is not available for all properties in Ely.

47 SPRINGHEAD LANE: Plot

47 SPRINGHEAD LANE sits on a plot of roughly 0.254 of an acre, or 1,029m².

Where is 47 SPRINGHEAD LANE?

47 SPRINGHEAD LANE is located in ELY, in the CB7 postcode district.