1, SILVER STREET, WITCHAM, ELY, CB6 2LF - £450,000

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.

1 SILVER STREET is a large extended detached house of 161m², built sometime between 1967 and 1975, which could now be worth an estimated £539,503. It was last sold for £450,000 in June 2021, which was around 10% above the average June 2021 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

1 SILVER STREET Sold Prices

Land registry data shows four sales for 1 SILVER STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. The four 1 SILVER STREET sales were a mix of above the average price, and 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
2021 30 JUN	£450,000	£410,828	10% above HPI
2013 1 MAY	£300,000	£263,504	14% above HPI
2005 28 JUL	£232,500	£232,881	Close to HPI
1998 23 FEB	£110,000	£98,327	12% above HPI

1 SILVER STREET 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 four 1 SILVER STREET sales between February 1998 and June 2021 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 2013 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2021 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 1 SILVER STREET be worth now?

1 SILVER STREET might now be worth an estimated £539,503.

This is based on house price inflation of 19.9%, between June 2021 and March 2025, for 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 19.9% inflationary increase is applied to the most recent sale price for 1 SILVER STREET of £450,000 on 30th June 2021. For the value to have increased from £450,000 to £539,503 over the four years and three months to March 2025, the following assumptions must hold true:

• The value of 1 SILVER STREET has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The June 2021 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SILVER STREET has not materially changed since June 2021.

How Large is 1 SILVER STREET?

1 SILVER STREET is 161m², which includes three extensions, according to the EPC inspection conducted in May 2012. This puts it in the largest 30% of detached houses houses in Witcham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Witcham, and where 1 SILVER STREET lies on this distribution: 71% of detached houses houses are smaller than 1 SILVER STREET, and 29% of houses are larger. Note that EPC data is not available for all properties in Witcham.

1 SILVER STREET: Plot and Title Map

1 SILVER STREET sits on a plot of roughly 0.163 of an acre, or 658m². The below map shows the location of 1 SILVER STREET, 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 SILVER STREET). 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 SILVER STREET?

1 SILVER STREET is located in WITCHAM, in the CB6 postcode district. The below map shows the position of No. 1 on SILVER STREET.