7, RIVER LANE, FORDHAM, ELY, CB7 5PF - £240,000

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.

7 RIVER LANE is a small extended semi-detached house of 76m², built sometime before 1900, which could now be worth an estimated £312,781. It was last sold for £240,000 in July 2017, which was around 5% below the average July 2017 semi-detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was B.

7 RIVER LANE Sold Prices

Land registry data shows one sale for 7 RIVER 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
2017 7 JUL	£240,000	£253,558	5% below HPI

What might 7 RIVER LANE be worth now?

7 RIVER LANE might now be worth an estimated £312,781.

This is based on house price inflation of 30.3%, between July 2017 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 30.3% inflationary increase is applied to the most recent sale price for 7 RIVER LANE of £240,000 on 7th July 2017. For the value to have increased from £240,000 to £312,781 over the nine years and two months to May 2026, the following assumptions must hold true:

• The value of 7 RIVER LANE has moved in line with the HPI for semi-detached houses in the East Cambridgeshire local authority area.
• The July 2017 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 7 RIVER LANE has not materially changed since July 2017.

How Large is 7 RIVER LANE?

7 RIVER LANE is 76m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the smallest 40% of semi-detached houses in Fordham, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Fordham, and where 7 RIVER LANE lies on this distribution: 35% of semi-detached houses are smaller than 7 RIVER LANE, and 63% of semi-detached houses are larger. Note that EPC data is not available for all properties in Fordham.

7 RIVER LANE: Plot

7 RIVER LANE sits on a plot of roughly 0.088 of an acre, or 358m².

Where is 7 RIVER LANE?

7 RIVER LANE is located in FORDHAM, in the CB7 postcode district.