6, SPRINGHEAD LANE, ELY, CB7 4QY - £510,000

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.

6 SPRINGHEAD LANE is a very large detached house of 183m², built sometime between 1976 and 1982, which could now be worth an estimated £609,317. It was last sold for £510,000 in August 2018, which was around 26% above the average August 2018 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

6 SPRINGHEAD LANE Sold Prices

Land registry data shows one sale for 6 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
2018 29 AUG	£510,000	£404,099	26% above HPI

What might 6 SPRINGHEAD LANE be worth now?

6 SPRINGHEAD LANE might now be worth an estimated £609,317.

This is based on house price inflation of 19.5%, between August 2018 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 19.5% inflationary increase is applied to the most recent sale price for 6 SPRINGHEAD LANE of £510,000 on 29th August 2018. For the value to have increased from £510,000 to £609,317 over the eight years and four months to April 2026, the following assumptions must hold true:

• The value of 6 SPRINGHEAD LANE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The August 2018 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of 6 SPRINGHEAD LANE has not materially changed since August 2018.

How Large is 6 SPRINGHEAD LANE?

6 SPRINGHEAD LANE is 183m² according to the EPC inspection conducted in January 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 6 SPRINGHEAD LANE lies on this distribution: 91% of detached houses are smaller than 6 SPRINGHEAD LANE, and 9% of detached houses are larger. Note that EPC data is not available for all properties in Ely.

6 SPRINGHEAD LANE: Plot

6 SPRINGHEAD LANE sits on a plot of roughly 0.144 of an acre, or 584m².

Where is 6 SPRINGHEAD LANE?

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