12, BISHOP LANEY DRIVE, ELY, CB6 1BZ - £177,000

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.

12 BISHOP LANEY DRIVE is a detached house, which could now be worth an estimated £425,270. It was last sold for £177,000 in February 2004, which was around 14% below the average February 2004 detached price in the East Cambridgeshire local authority area.

12 BISHOP LANEY DRIVE Sold Prices

Land registry data shows three sales for 12 BISHOP LANEY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the three 12 BISHOP LANEY DRIVE sales were for below 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
2004 12 FEB	£177,000	£206,012	14% below HPI
1998 3 FEB	£83,500	£98,327	15% below HPI
1997 27 JUN	£79,950	£90,376	12% below HPI

What might 12 BISHOP LANEY DRIVE be worth now?

12 BISHOP LANEY DRIVE might now be worth an estimated £425,270.

This is based on house price inflation of 140.3%, between February 2004 and May 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 140.3% inflationary increase is applied to the most recent sale price for 12 BISHOP LANEY DRIVE of £177,000 on 12th February 2004. For the value to have increased from £177,000 to £425,270 over the 21 years and nine months to May 2026, the following assumptions must hold true:

• The value of 12 BISHOP LANEY DRIVE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The February 2004 sale price of £177,000 represented a fair market value for the property.
• The size, condition, and specification of 12 BISHOP LANEY DRIVE has not materially changed since February 2004.

Where is 12 BISHOP LANEY DRIVE?

12 BISHOP LANEY DRIVE is located in ELY, in the CB6 postcode district.