1, SPRINGHEAD LANE, ELY, CB7 4QY - £287,000

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 SPRINGHEAD LANE is a very small extended semi-detached house of 48m², built sometime between 1996 and 2002, which could now be worth an estimated £370,498. It was last sold for £287,000 in May 2018, which was around 11% above the average May 2018 semi-detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

1 SPRINGHEAD LANE Sold Prices

Land registry data shows five sales for 1 SPRINGHEAD LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the East Cambridgeshire local authority area for the corresponding sale date. Most of the five 1 SPRINGHEAD LANE sales were for below 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 25 MAY	£287,000	£258,527	11% above HPI
2015 10 MAR	£185,000	£206,573	10% below HPI
2001 6 APR	£59,995	£88,563	32% below HPI
2000 4 SEP	£59,995	£85,052	29% below HPI
1998 3 OCT	£55,000	£63,622	14% below HPI

1 SPRINGHEAD LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The five 1 SPRINGHEAD LANE sales between October 1998 and May 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 March 2015 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2018 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 1 SPRINGHEAD LANE be worth now?

1 SPRINGHEAD LANE might now be worth an estimated £370,498.

This is based on house price inflation of 29.1%, between May 2018 and February 2025, for semi-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 29.1% inflationary increase is applied to the most recent sale price for 1 SPRINGHEAD LANE of £287,000 on 25th May 2018. For the value to have increased from £287,000 to £370,498 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 1 SPRINGHEAD LANE has moved in line with the HPI for semi-detached houses in the East Cambridgeshire local authority area.
• The May 2018 sale price of £287,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SPRINGHEAD LANE has not materially changed since May 2018.

How Large is 1 SPRINGHEAD LANE?

1 SPRINGHEAD LANE is 48m², which includes one extension, according to the EPC inspection conducted in November 2008. This puts it in the smallest 10% of semi-detached houses houses in Ely, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ely, and where 1 SPRINGHEAD LANE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 1 SPRINGHEAD LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Ely.

1 SPRINGHEAD LANE: Plot and Title Map

1 SPRINGHEAD LANE sits on a plot of roughly 0.017 of an acre, or 67m². The below map shows the location of 1 SPRINGHEAD 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 SPRINGHEAD 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 SPRINGHEAD LANE?

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