16, SPRINGHEAD LANE, ELY, CB7 4QY - £437,500

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.

16 SPRINGHEAD LANE is a very small detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £480,831. It was last sold for £437,500 in March 2022, which was about the average March 2022 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

16 SPRINGHEAD LANE Sold Prices

Land registry data shows one sale for 16 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
2022 4 MAR	£437,500	£439,285	Close to HPI

What might 16 SPRINGHEAD LANE be worth now?

16 SPRINGHEAD LANE might now be worth an estimated £480,831.

This is based on house price inflation of 9.9%, between March 2022 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 9.9% inflationary increase is applied to the most recent sale price for 16 SPRINGHEAD LANE of £437,500 on 4th March 2022. For the value to have increased from £437,500 to £480,831 over the three years and eleven months to April 2026, the following assumptions must hold true:

• The value of 16 SPRINGHEAD LANE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The March 2022 sale price of £437,500 represented a fair market value for the property.
• The size, condition, and specification of 16 SPRINGHEAD LANE has not materially changed since March 2022.

How Large is 16 SPRINGHEAD LANE?

16 SPRINGHEAD LANE is 90m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where 16 SPRINGHEAD LANE lies on this distribution: 20% of detached houses are smaller than 16 SPRINGHEAD LANE, and 80% of detached houses are larger. Note that EPC data is not available for all properties in Ely.

16 SPRINGHEAD LANE: Plot

16 SPRINGHEAD LANE sits on a plot of roughly 0.145 of an acre, or 587m².

Where is 16 SPRINGHEAD LANE?

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