2, BROAD WAY, WILBURTON, ELY, CB6 3RT - £325,000

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

2 BROAD WAY is a very small extended detached house of 111m², built sometime between 1950 and 1966. It was last sold for £325,000 in August 2019, which was around 17% below the average August 2019 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was C.

2 BROAD WAY Sold Prices

Land registry data shows four sales for 2 BROAD WAY 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. All of the four 2 BROAD WAY 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
2019 30 AUG	£325,000	£390,975	17% below HPI
2013 9 OCT	£232,500	£272,382	15% below HPI
2006 27 OCT	£235,000	£238,952	2% below HPI
2002 16 AUG	£173,000	£176,344	2% below HPI

2 BROAD WAY 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 2 BROAD WAY sales between August 2002 and August 2019 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 2013 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2019 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 2 BROAD WAY?

2 BROAD WAY is 111m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the smallest 20% of detached houses in Wilburton, based on EPC data. The below chart shows the distribution of detached houses by size in Wilburton, and where 2 BROAD WAY lies on this distribution: 19% of detached houses are smaller than 2 BROAD WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Wilburton.

2 BROAD WAY: Plot and Title Map

2 BROAD WAY sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 2 BROAD WAY, 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 2 BROAD WAY). 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 2 BROAD WAY?

2 BROAD WAY is located in WILBURTON, in the CB6 postcode district. The below map shows the position of No. 2 on BROAD WAY.