98, HENLEY WAY, ELY, CB7 4YJ - £245,000

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.

98 HENLEY WAY is a very small extended terraced house of 71m², built sometime between 1991 and 1995, which could now be worth an estimated £304,040. It was last sold for £245,000 in June 2017, which was around 12% above the average June 2017 terraced price in the East Cambridgeshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

98 HENLEY WAY Sold Prices

Land registry data shows three sales for 98 HENLEY WAY 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 98 HENLEY WAY 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
2017 22 JUN	£245,000	£218,063	12% above HPI
2014 1 DEC	£188,750	£177,687	6% above HPI
1998 27 NOV	£72,250	£54,708	32% above HPI

98 HENLEY WAY 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 98 HENLEY WAY sales between November 1998 and June 2017 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 December 2014 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the June 2017 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 98 HENLEY WAY be worth now?

98 HENLEY WAY might now be worth an estimated £304,040.

This is based on house price inflation of 24.1%, between June 2017 and April 2026, 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 24.1% inflationary increase is applied to the most recent sale price for 98 HENLEY WAY of £245,000 on 22nd June 2017. For the value to have increased from £245,000 to £304,040 over the nine years and two months to April 2026, the following assumptions must hold true:

• The value of 98 HENLEY WAY has moved in line with the HPI for terraced houses in the East Cambridgeshire local authority area.
• The June 2017 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 98 HENLEY WAY has not materially changed since June 2017.

How Large is 98 HENLEY WAY?

98 HENLEY WAY is 71m², which includes two extensions, according to the EPC inspection conducted in May 2016. 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 98 HENLEY WAY lies on this distribution: 5% of terraced houses houses are smaller than 98 HENLEY WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Ely.

98 HENLEY WAY: Plot and Title Map

98 HENLEY WAY sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 98 HENLEY WAY, 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 98 HENLEY WAY). 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 98 HENLEY WAY?

98 HENLEY WAY is located in ELY, in the CB7 postcode district. The below map shows the position of No. 98 on HENLEY WAY.