1B, SHIP LANE, ELY, CB7 4BB - £460,000

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

1B SHIP LANE is a large extended detached house of 137m², built sometime before 1900. It was last sold for £460,000 in March 2021, which was around 16% above the average March 2021 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

1B SHIP LANE Sold Prices

Land registry data shows two sales for 1B SHIP 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 1B SHIP 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
2021 5 MAR	£460,000	£396,015	16% above HPI
1999 9 DEC	£135,000	£114,737	18% above HPI

1B SHIP 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 1B SHIP LANE sales from December 1999 and March 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 December 1999 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2021 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 1B SHIP LANE?

1B SHIP LANE is 137m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 30% of detached houses in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where 1B SHIP LANE lies on this distribution: 70% of detached houses are smaller than 1B SHIP LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Ely.

1B SHIP LANE: Plot and Title Map

1B SHIP LANE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 1B SHIP 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 1B SHIP 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 1B SHIP LANE?

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