55, LUMLEY CLOSE, ELY, CB7 4FF - £164,500

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.

55 LUMLEY CLOSE is a very small extended flat of 43m², built sometime between 1996 and 2002, which could now be worth an estimated £168,585. It was last sold for £164,500 in November 2021, which was around 1% above the average November 2021 flat price in the East Cambridgeshire local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

55 LUMLEY CLOSE Sold Prices

Land registry data shows three sales for 55 LUMLEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the East Cambridgeshire local authority area for the corresponding sale date. All of the three 55 LUMLEY CLOSE 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
2021 30 NOV	£164,500	£163,055	1% above HPI
2002 29 NOV	£87,750	£83,267	5% above HPI
1997 19 DEC	£42,500	£38,808	10% above HPI

What might 55 LUMLEY CLOSE be worth now?

55 LUMLEY CLOSE might now be worth an estimated £168,585.

This is based on house price inflation of 2.5%, between November 2021 and April 2026, for flats, 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 2.5% inflationary increase is applied to the most recent sale price for 55 LUMLEY CLOSE of £164,500 on 30th November 2021. For the value to have increased from £164,500 to £168,585 over the five years and seven months to April 2026, the following assumptions must hold true:

• The value of 55 LUMLEY CLOSE has moved in line with the HPI for flats in the East Cambridgeshire local authority area.
• The November 2021 sale price of £164,500 represented a fair market value for the property.
• The size, condition, and specification of 55 LUMLEY CLOSE has not materially changed since November 2021.

How Large is 55 LUMLEY CLOSE?

55 LUMLEY CLOSE is 43m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 20% of flats in Ely, based on EPC data. 11% of flats are smaller than 55 LUMLEY CLOSE, and 88% of flats are larger. Note that EPC data is not available for all properties in Ely.

55 LUMLEY CLOSE: Plot

55 LUMLEY CLOSE sits on a plot of roughly 0.009 of an acre, or 35m².

Where is 55 LUMLEY CLOSE?

55 LUMLEY CLOSE is located in ELY, in the CB7 postcode district.