5A, PARK LANE, LITTLE DOWNHAM, ELY, CB6 2TF - £295,000

5A PARK LANE is a very small detached house of 56m², built sometime between 1996 and 2002. It was last sold for £295,000 in October 2022, which was around 35% below the average October 2022 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

5A PARK LANE Sold Prices

Land registry data shows four sales for 5A PARK LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the four 5A PARK LANE sales were for below 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 24 OCT	£295,000	£451,233	35% below HPI
2003 21 NOV	£102,000	£199,417	49% below HPI
2000 24 MAR	£72,000	£120,502	40% below HPI
1998 7 AUG	£59,000	£98,299	40% below HPI

5A PARK 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 four 5A PARK LANE sales between August 1998 and October 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 November 2003 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the October 2022 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 5A PARK LANE?

5A PARK LANE is 56m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses in Little Downham, based on EPC data. The below chart shows the distribution of detached houses by size in Little Downham, and where 5A PARK LANE lies on this distribution: 1% of detached houses are smaller than 5A PARK LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Little Downham.

5A PARK LANE: Plot and Title Map

5A PARK LANE sits on a plot of roughly 0.029 of an acre, or 119m². The below map shows the location of 5A PARK 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 5A PARK 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 5A PARK LANE?

5A PARK LANE is located in LITTLE DOWNHAM, in the CB6 postcode district. The below map shows the position of No. 5A on PARK LANE.