1, PARK LANE, LITTLE DOWNHAM, ELY, CB6 2TF - £420,000

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 PARK LANE is a very small extended detached house of 69m², built sometime before 1900. It was last sold for £420,000 in June 2016, which was around 19% above the average June 2016 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

1 PARK LANE Sold Prices

Land registry data shows two sales for 1 PARK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. One of the two 1 PARK LANE sales was for above the average price, whilst the other was roughly equal to 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
2016 30 JUN	£420,000	£352,096	19% above HPI
2005 16 MAY	£225,000	£224,528	Close to HPI

1 PARK 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 two 1 PARK LANE sales from May 2005 and June 2016 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 May 2005 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2016 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 1 PARK LANE?

1 PARK LANE is 69m², which includes two extensions, according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of detached houses in Little Downham, based on EPC data. The below chart shows the distribution of detached houses by size in Little Downham, and where 1 PARK LANE lies on this distribution: 7% of detached houses are smaller than 1 PARK LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Little Downham.

1 PARK LANE: Plot and Title Map

1 PARK LANE sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 1 PARK 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 PARK 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 PARK LANE?

1 PARK LANE is located in LITTLE DOWNHAM, in the CB6 postcode district. The below map shows the position of No. 1 on PARK LANE.