12, SPRINGHEAD LANE, ELY, CB7 4QY - £695,000

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

12 SPRINGHEAD LANE is a very large extended detached house of 241m², built sometime between 1976 and 1982. It was last sold for £695,000 in October 2017, which was around 80% above the average October 2017 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was February 2023, where the current energy rating was B, and the potential energy rating was B.

12 SPRINGHEAD LANE Sold Prices

Land registry data shows two sales for 12 SPRINGHEAD 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. Both of the two 12 SPRINGHEAD LANE sales were 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
2017 6 OCT	£695,000	£385,323	80% above HPI
2011 2 DEC	£470,000	£251,031	87% above HPI

12 SPRINGHEAD 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 12 SPRINGHEAD LANE sales from December 2011 and October 2017 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 2011 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the October 2017 sale, where it falls to 80% above the HPI. The line then continues to track at 80% above the HPI.

How Large is 12 SPRINGHEAD LANE?

12 SPRINGHEAD LANE is 241m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the largest 10% of detached houses in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where 12 SPRINGHEAD LANE lies on this distribution: 98% of detached houses are smaller than 12 SPRINGHEAD LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Ely.

12 SPRINGHEAD LANE: Plot and Title Map

12 SPRINGHEAD LANE sits on a plot of roughly 0.258 of an acre, or 1,045m². The below map shows the location of 12 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 12 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 12 SPRINGHEAD LANE?

12 SPRINGHEAD LANE is located in ELY, in the CB7 postcode district. The below map shows the position of No. 12 on SPRINGHEAD LANE.