2, NEW ROAD, MEPAL, ELY, CB6 2AP - £114,000

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.

2 NEW ROAD is a large extended detached house of 107m², built sometime before 1900, which could now be worth an estimated £384,757. It was last sold for £114,000 in June 2001, which was around 22% below the average June 2001 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was May 2011, where the current energy rating was F, and the potential energy rating was F.

2 NEW ROAD Sold Prices

Land registry data shows one sale for 2 NEW ROAD 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
2001 28 JUN	£114,000	£146,657	22% below HPI

What might 2 NEW ROAD be worth now?

2 NEW ROAD might now be worth an estimated £384,757.

This is based on house price inflation of 237.5%, between June 2001 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 237.5% inflationary increase is applied to the most recent sale price for 2 NEW ROAD of £114,000 on 28th June 2001. For the value to have increased from £114,000 to £384,757 over the 25 years and one month to May 2026, the following assumptions must hold true:

• The value of 2 NEW ROAD has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The June 2001 sale price of £114,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NEW ROAD has not materially changed since June 2001.

How Large is 2 NEW ROAD?

2 NEW ROAD is 107m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the largest 40% of detached houses in Mepal, based on EPC data. The below chart shows the distribution of detached houses by size in Mepal, and where 2 NEW ROAD lies on this distribution: 65% of detached houses are smaller than 2 NEW ROAD, and 35% of detached houses are larger. Note that EPC data is not available for all properties in Mepal.

2 NEW ROAD: Plot

2 NEW ROAD sits on a plot of roughly 0.087 of an acre, or 353m².

Where is 2 NEW ROAD?

2 NEW ROAD is located in MEPAL, in the CB6 postcode district.