2, SPEED LANE, SOHAM, ELY, CB7 5BT - £165,000

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 SPEED LANE is a very small extended semi-detached house of 58m², built sometime between 1900 and 1929, which could now be worth an estimated £213,666. It was last sold for £165,000 in March 2018, which was around 35% below the average March 2018 semi-detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was January 2018, where the current energy rating was E, and the potential energy rating was B.

2 SPEED LANE Sold Prices

Land registry data shows one sale for 2 SPEED LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2018 19 MAR	£165,000	£255,184	35% below HPI

What might 2 SPEED LANE be worth now?

2 SPEED LANE might now be worth an estimated £213,666.

This is based on house price inflation of 29.5%, between March 2018 and May 2026, for semi-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 29.5% inflationary increase is applied to the most recent sale price for 2 SPEED LANE of £165,000 on 19th March 2018. For the value to have increased from £165,000 to £213,666 over the seven years and ten months to May 2026, the following assumptions must hold true:

• The value of 2 SPEED LANE has moved in line with the HPI for semi-detached houses in the East Cambridgeshire local authority area.
• The March 2018 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPEED LANE has not materially changed since March 2018.

How Large is 2 SPEED LANE?

2 SPEED LANE is 58m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of semi-detached houses in Soham, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Soham, and where 2 SPEED LANE lies on this distribution: 9% of semi-detached houses are smaller than 2 SPEED LANE, and 91% of semi-detached houses are larger. Note that EPC data is not available for all properties in Soham.

2 SPEED LANE: Plot

2 SPEED LANE sits on a plot of roughly 0.088 of an acre, or 356m².

Where is 2 SPEED LANE?

2 SPEED LANE is located in SOHAM, in the CB7 postcode district.