2, LUMLEY CLOSE, ELY, CB7 4FG - £165,000

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 LUMLEY CLOSE is a very small detached house of 66m², built sometime between 1996 and 2002. It was last sold for £165,000 in October 2005, which was around 28% below the average October 2005 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

2 LUMLEY CLOSE Sold Prices

Land registry data shows four sales for 2 LUMLEY CLOSE 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 LUMLEY CLOSE 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
2005 19 OCT	£165,000	£229,215	28% below HPI
2002 9 AUG	£143,000	£176,344	19% below HPI
1999 22 SEP	£85,000	£107,817	21% below HPI
1995 17 NOV	£67,995	£80,760	16% below HPI

2 LUMLEY CLOSE 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 LUMLEY CLOSE sales between November 1995 and October 2005 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 August 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2005 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 LUMLEY CLOSE?

2 LUMLEY CLOSE is 66m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 10% of detached houses in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where 2 LUMLEY CLOSE lies on this distribution: 4% of detached houses are smaller than 2 LUMLEY CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Ely.

2 LUMLEY CLOSE: Plot and Title Map

2 LUMLEY CLOSE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 2 LUMLEY CLOSE, 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 LUMLEY CLOSE). 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 LUMLEY CLOSE?

2 LUMLEY CLOSE is located in ELY, in the CB7 postcode district. The below map shows the position of No. 2 on LUMLEY CLOSE.