10, SPRINGHEAD LANE, ELY, CB7 4QY - £525,000

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.

10 SPRINGHEAD LANE is a midsized extended detached house of 114m², built sometime between 1930 and 1949, which could now be worth an estimated £616,436. It was last sold for £525,000 in March 2021, which was around 28% above the average March 2021 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

10 SPRINGHEAD LANE Sold Prices

Land registry data shows one sale for 10 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
2021 1 MAR	£525,000	£411,180	28% above HPI

What might 10 SPRINGHEAD LANE be worth now?

10 SPRINGHEAD LANE might now be worth an estimated £616,436.

This is based on house price inflation of 17.4%, between March 2021 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 17.4% inflationary increase is applied to the most recent sale price for 10 SPRINGHEAD LANE of £525,000 on 1st March 2021. For the value to have increased from £525,000 to £616,436 over the four years and eleven months to April 2026, the following assumptions must hold true:

• The value of 10 SPRINGHEAD LANE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The March 2021 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 10 SPRINGHEAD LANE has not materially changed since March 2021.

How Large is 10 SPRINGHEAD LANE?

10 SPRINGHEAD LANE is 114m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 50% of detached houses in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where 10 SPRINGHEAD LANE lies on this distribution: 46% of detached houses are smaller than 10 SPRINGHEAD LANE, and 53% of detached houses are larger. Note that EPC data is not available for all properties in Ely.

10 SPRINGHEAD LANE: Plot

10 SPRINGHEAD LANE sits on a plot of roughly 0.238 of an acre, or 962m².

Where is 10 SPRINGHEAD LANE?

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