16A, READS STREET, STRETHAM, ELY, CB6 3JT - £387,500

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

16A READS STREET is a small extended semi-detached house of 97m², built sometime between 2003 and 2006. It was last sold for £387,500 in June 2022, which was around 10% below the average June 2022 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

16A READS STREET Sold Prices

Land registry data shows four sales for 16A READS 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. Most of the four 16A READS STREET 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
2022 28 JUN	£387,500	£431,126	10% below HPI
2021 29 OCT	£365,000	£413,418	12% below HPI
2013 1 NOV	£245,000	£267,682	8% below HPI
2006 26 JUL	£250,000	£229,530	9% above HPI

16A READS 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 16A READS STREET sales between July 2006 and June 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 October 2021 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 16A READS STREET?

16A READS STREET is 97m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the smallest 30% of detached houses in Stretham, based on EPC data. The below chart shows the distribution of detached houses by size in Stretham, and where 16A READS STREET lies on this distribution: 28% of detached houses are smaller than 16A READS STREET, and 72% of houses are larger. Note that EPC data is not available for all properties in Stretham.

16A READS STREET: Plot and Title Map

16A READS STREET sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 16A READS 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 16A READS 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 16A READS STREET?

16A READS STREET is located in STRETHAM, in the CB6 postcode district. The below map shows the position of No. 16A on READS STREET.