8, THE MEDWAY, ELY, CB6 2WU - £345,000

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 THE MEDWAY is a very large terraced house of 175m², built sometime between 2003 and 2006, which could now be worth an estimated £549,154. It was last sold for £345,000 in July 2014, which was around 103% above the average July 2014 terraced price in the East Cambridgeshire local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

8 THE MEDWAY Sold Prices

Land registry data shows one sale for 8 THE MEDWAY 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
2014 17 JUL	£345,000	£170,009	103% above HPI

What might 8 THE MEDWAY be worth now?

8 THE MEDWAY might now be worth an estimated £549,154.

This is based on house price inflation of 59.2%, between July 2014 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 59.2% inflationary increase is applied to the most recent sale price for 8 THE MEDWAY of £345,000 on 17th July 2014. For the value to have increased from £345,000 to £549,154 over the twelve years and three months to April 2026, the following assumptions must hold true:

• The value of 8 THE MEDWAY has moved in line with the HPI for terraced houses in the East Cambridgeshire local authority area.
• The July 2014 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE MEDWAY has not materially changed since July 2014.

How Large is 8 THE MEDWAY?

8 THE MEDWAY is 175m² according to the EPC inspection conducted in September 2010. This puts it in the largest 10% 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 THE MEDWAY lies on this distribution: 99% of terraced houses are smaller than 8 THE MEDWAY, and 1% of terraced houses are larger. Note that EPC data is not available for all properties in Ely.

8 THE MEDWAY: Plot

8 THE MEDWAY sits on a plot of roughly 0.060 of an acre, or 242m².

Where is 8 THE MEDWAY?

8 THE MEDWAY is located in ELY, in the CB6 postcode district.