3A, 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.

3A SPRINGHEAD LANE is a detached house, which could now be worth an estimated £639,997. It was last sold for £340,000 in April 2008, which was around 33% above the average April 2008 detached price in the East Cambridgeshire local authority area.

3A SPRINGHEAD LANE Sold Prices

Land registry data shows two sales for 3A SPRINGHEAD LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. Both of the two 3A SPRINGHEAD LANE sales were for above 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
2008 25 APR	£340,000	£256,485	33% above HPI
2001 23 FEB	£180,000	£137,250	31% above HPI

What might 3A SPRINGHEAD LANE be worth now?

3A SPRINGHEAD LANE might now be worth an estimated £639,997.

This is based on house price inflation of 88.2%, between April 2008 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 88.2% inflationary increase is applied to the most recent sale price for 3A SPRINGHEAD LANE of £340,000 on 25th April 2008. For the value to have increased from £340,000 to £639,997 over the eighteen years to April 2026, the following assumptions must hold true:

• The value of 3A SPRINGHEAD LANE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The April 2008 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 3A SPRINGHEAD LANE has not materially changed since April 2008.

Where is 3A SPRINGHEAD LANE?

3A SPRINGHEAD LANE is located in ELY, in the CB7 postcode district.