1, LODE LANE, WICKEN, ELY, CB7 5XP - £250,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 LODE LANE is a very small extended detached house of 85m², built sometime between 1967 and 1975. It was last sold for £250,000 in September 2018, which was around 35% below the average September 2018 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was A.

1 LODE LANE Sold Prices

Land registry data shows three sales for 1 LODE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. Two of the three 1 LODE LANE sales were for below the average price, whilst one was 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
2018 17 SEP	£250,000	£387,562	35% below HPI
1999 20 DEC	£120,000	£114,737	5% above HPI
1996 17 DEC	£77,950	£82,390	5% below HPI

1 LODE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The three 1 LODE LANE sales between December 1996 and September 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 1999 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the September 2018 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 1 LODE LANE?

1 LODE LANE is 85m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of detached houses in Wicken, based on EPC data. The below chart shows the distribution of detached houses by size in Wicken, and where 1 LODE LANE lies on this distribution: 6% of detached houses are smaller than 1 LODE LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Wicken.

1 LODE LANE: Plot and Title Map

1 LODE LANE sits on a plot of roughly 0.151 of an acre, or 612m². The below map shows the location of 1 LODE LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 LODE LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 LODE LANE?

1 LODE LANE is located in WICKEN, in the CB7 postcode district. The below map shows the position of No. 1 on LODE LANE.