14, TOWER ROAD, ELY, CB7 4HW - £635,000

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

14 TOWER ROAD is a very large extended detached house of 161m², built sometime between 2003 and 2006. It was last sold for £635,000 in October 2022, which was around 40% above the average October 2022 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

14 TOWER ROAD Sold Prices

Land registry data shows three sales for 14 TOWER ROAD 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. All of the three 14 TOWER ROAD 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
2022 28 OCT	£635,000	£452,867	40% above HPI
2017 14 DEC	£585,000	£384,253	52% above HPI
2007 3 OCT	£300,000	£260,860	15% above HPI

14 TOWER ROAD 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 14 TOWER ROAD sales between October 2007 and October 2022 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 2017 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the October 2022 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 14 TOWER ROAD?

14 TOWER ROAD is 161m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the largest 20% of detached houses in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where 14 TOWER ROAD lies on this distribution: 84% of detached houses are smaller than 14 TOWER ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Ely.

14 TOWER ROAD: Plot and Title Map

14 TOWER ROAD sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 14 TOWER ROAD, 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 14 TOWER ROAD). 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 14 TOWER ROAD?

14 TOWER ROAD is located in ELY, in the CB7 postcode district. The below map shows the position of No. 14 on TOWER ROAD.