62, WELLAND PLACE, ELY, CB6 2WE - £300,000

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.

62 WELLAND PLACE is a midsized terraced house of 112m², built sometime between 2003 and 2006, which could now be worth an estimated £412,410. It was last sold for £300,000 in August 2015, which was around 56% above the average August 2015 terraced price in the East Cambridgeshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

62 WELLAND PLACE Sold Prices

Land registry data shows three sales for 62 WELLAND PLACE 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. All of the three 62 WELLAND PLACE 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
2015 4 AUG	£300,000	£192,028	56% above HPI
2007 5 SEP	£223,750	£156,717	43% above HPI
2005 28 APR	£199,950	£132,208	51% above HPI

62 WELLAND PLACE 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 62 WELLAND PLACE sales between April 2005 and August 2015 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 September 2007 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the August 2015 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 62 WELLAND PLACE be worth now?

62 WELLAND PLACE might now be worth an estimated £412,410.

This is based on house price inflation of 37.5%, between August 2015 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 37.5% inflationary increase is applied to the most recent sale price for 62 WELLAND PLACE of £300,000 on 4th August 2015. For the value to have increased from £300,000 to £412,410 over the ten years and two months to June 2025, the following assumptions must hold true:

• The value of 62 WELLAND PLACE has moved in line with the HPI for terraced houses in the East Cambridgeshire local authority area.
• The August 2015 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 62 WELLAND PLACE has not materially changed since August 2015.

How Large is 62 WELLAND PLACE?

62 WELLAND PLACE is 112m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 50% 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 62 WELLAND PLACE lies on this distribution: 43% of terraced houses houses are smaller than 62 WELLAND PLACE, and 54% of houses are larger. Note that EPC data is not available for all properties in Ely.

62 WELLAND PLACE: Plot and Title Map

62 WELLAND PLACE sits on a plot of roughly 0.025 of an acre, or 101m². The below map shows the location of 62 WELLAND PLACE, 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 62 WELLAND PLACE). 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 62 WELLAND PLACE?

62 WELLAND PLACE is located in ELY, in the CB6 postcode district. The below map shows the position of No. 62 on WELLAND PLACE.