2, HILLS LANE, ELY, CB6 1AY - £385,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 HILLS LANE is a very large extended detached house of 200m², built sometime before 1900, which could now be worth an estimated £745,600. It was last sold for £385,000 in March 2012, which was around 50% above the average March 2012 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was July 2014, where the current energy rating was F, and the potential energy rating was B.

2 HILLS LANE Sold Prices

Land registry data shows three sales for 2 HILLS LANE 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 2 HILLS 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
2012 9 MAR	£385,000	£256,720	50% above HPI
2006 20 JUL	£335,000	£238,319	41% above HPI
2000 2 MAY	£150,000	£129,708	16% above HPI

2 HILLS 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 three 2 HILLS LANE sales between May 2000 and March 2012 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 July 2006 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the March 2012 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 2 HILLS LANE be worth now?

2 HILLS LANE might now be worth an estimated £745,600.

This is based on house price inflation of 93.7%, between March 2012 and February 2025, for detached houses, in the East Cambridgeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 93.7% inflationary increase is applied to the most recent sale price for 2 HILLS LANE of £385,000 on 9th March 2012. For the value to have increased from £385,000 to £745,600 over the thirteen years and one month to February 2025, the following assumptions must hold true:

• The value of 2 HILLS LANE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The March 2012 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HILLS LANE has not materially changed since March 2012.

How Large is 2 HILLS LANE?

2 HILLS LANE is 200m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 10% of detached houses houses in Ely, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ely, and where 2 HILLS LANE lies on this distribution: 95% of detached houses houses are smaller than 2 HILLS LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Ely.

2 HILLS LANE: Plot and Title Map

2 HILLS LANE sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 2 HILLS 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 2 HILLS 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 2 HILLS LANE?

2 HILLS LANE is located in ELY, in the CB6 postcode district. The below map shows the position of No. 2 on HILLS LANE.