8, SHIP LANE, ELY, CB7 4BB - £250,000

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.

8 SHIP LANE is a large terraced house of 103m², built sometime between 2003 and 2006, which could now be worth an estimated £463,126. It was last sold for £250,000 in November 2011, which was around 71% above the average November 2011 terraced price in the East Cambridgeshire local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was C.

8 SHIP LANE Sold Prices

Land registry data shows one sale for 8 SHIP LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2011 4 NOV	£250,000	£146,079	71% above HPI

What might 8 SHIP LANE be worth now?

8 SHIP LANE might now be worth an estimated £463,126.

This is based on house price inflation of 85.3%, between November 2011 and April 2026, for terraced 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 85.3% inflationary increase is applied to the most recent sale price for 8 SHIP LANE of £250,000 on 4th November 2011. For the value to have increased from £250,000 to £463,126 over the fifteen years and seven months to April 2026, the following assumptions must hold true:

• The value of 8 SHIP LANE has moved in line with the HPI for terraced houses in the East Cambridgeshire local authority area.
• The November 2011 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SHIP LANE has not materially changed since November 2011.

How Large is 8 SHIP LANE?

8 SHIP LANE is 103m² according to the EPC inspection conducted in February 2019. This puts it in the largest 30% of terraced houses in Ely, based on EPC data. The below chart shows the distribution of terraced houses by size in Ely, and where 8 SHIP LANE lies on this distribution: 76% of terraced houses are smaller than 8 SHIP LANE, and 22% of terraced houses are larger. Note that EPC data is not available for all properties in Ely.

8 SHIP LANE: Plot

8 SHIP LANE sits on a plot of roughly 0.117 of an acre, or 474m².

Where is 8 SHIP LANE?

8 SHIP LANE is located in ELY, in the CB7 postcode district.