9, THE MEDWAY, ELY, CB6 2WU - £161,000

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.

9 THE MEDWAY is a very small terraced house of 70m², built sometime between 2003 and 2006, which could now be worth an estimated £329,887. It was last sold for £161,000 in June 2009, which was around 25% above the average June 2009 terraced price in the East Cambridgeshire local authority area. The most recent EPC inspection was January 2009, where the current energy rating was C, and the potential energy rating was B.

9 THE MEDWAY Sold Prices

Land registry data shows three sales for 9 THE MEDWAY 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 9 THE MEDWAY 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
2009 26 JUN	£161,000	£128,835	25% above HPI
2009 27 FEB	£160,000	£136,891	17% above HPI
2004 26 MAR	£139,000	£116,474	19% above HPI

9 THE MEDWAY 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 9 THE MEDWAY sales between March 2004 and June 2009 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 February 2009 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the June 2009 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 9 THE MEDWAY be worth now?

9 THE MEDWAY might now be worth an estimated £329,887.

This is based on house price inflation of 104.9%, between June 2009 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 104.9% inflationary increase is applied to the most recent sale price for 9 THE MEDWAY of £161,000 on 26th June 2009. For the value to have increased from £161,000 to £329,887 over the sixteen years to June 2025, the following assumptions must hold true:

• The value of 9 THE MEDWAY has moved in line with the HPI for terraced houses in the East Cambridgeshire local authority area.
• The June 2009 sale price of £161,000 represented a fair market value for the property.
• The size, condition, and specification of 9 THE MEDWAY has not materially changed since June 2009.

How Large is 9 THE MEDWAY?

9 THE MEDWAY is 70m² according to the EPC inspection conducted in January 2009. 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 9 THE MEDWAY lies on this distribution: 5% of terraced houses houses are smaller than 9 THE MEDWAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Ely.

9 THE MEDWAY: Plot and Title Map

9 THE MEDWAY sits on a plot of roughly 0.022 of an acre, or 89m². The below map shows the location of 9 THE MEDWAY, 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 9 THE MEDWAY). 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 9 THE MEDWAY?

9 THE MEDWAY is located in ELY, in the CB6 postcode district. The below map shows the position of No. 9 on THE MEDWAY.