14, SPRINGHEAD LANE, ELY, CB7 4QY - £340,000

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.

14 SPRINGHEAD LANE is a large extended detached house of 141m², built sometime between 1930 and 1949, which could now be worth an estimated £528,070. It was last sold for £340,000 in January 2015, which was around 9% above the average January 2015 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

14 SPRINGHEAD LANE Sold Prices

Land registry data shows one sale for 14 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
2015 9 JAN	£340,000	£310,848	9% above HPI

What might 14 SPRINGHEAD LANE be worth now?

14 SPRINGHEAD LANE might now be worth an estimated £528,070.

This is based on house price inflation of 55.3%, between January 2015 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 55.3% inflationary increase is applied to the most recent sale price for 14 SPRINGHEAD LANE of £340,000 on 9th January 2015. For the value to have increased from £340,000 to £528,070 over the ten years and nine months to April 2026, the following assumptions must hold true:

• The value of 14 SPRINGHEAD LANE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The January 2015 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 14 SPRINGHEAD LANE has not materially changed since January 2015.

How Large is 14 SPRINGHEAD LANE?

14 SPRINGHEAD LANE is 141m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 30% of detached houses in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where 14 SPRINGHEAD LANE lies on this distribution: 72% of detached houses are smaller than 14 SPRINGHEAD LANE, and 28% of detached houses are larger. Note that EPC data is not available for all properties in Ely.

14 SPRINGHEAD LANE: Plot

14 SPRINGHEAD LANE sits on a plot of roughly 0.207 of an acre, or 837m².

Where is 14 SPRINGHEAD LANE?

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