20, SPRINGHEAD LANE, ELY, CB7 4QY - £312,500

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

20 SPRINGHEAD LANE is a large extended detached house of 137m², built sometime between 1930 and 1949. It was last sold for £312,500 in August 2007, which was around 21% above the average August 2007 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

20 SPRINGHEAD LANE Sold Prices

Land registry data shows two sales for 20 SPRINGHEAD 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 20 SPRINGHEAD 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
2007 7 AUG	£312,500	£257,726	21% above HPI
2004 25 JUN	£270,000	£206,086	31% above HPI

20 SPRINGHEAD 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 20 SPRINGHEAD LANE sales from June 2004 and August 2007 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 June 2004 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the August 2007 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 20 SPRINGHEAD LANE?

20 SPRINGHEAD LANE is 137m², which includes one extension, according to the EPC inspection conducted in August 2015. 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 20 SPRINGHEAD LANE lies on this distribution: 70% of detached houses are smaller than 20 SPRINGHEAD LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Ely.

20 SPRINGHEAD LANE: Plot and Title Map

20 SPRINGHEAD LANE sits on a plot of roughly 0.178 of an acre, or 722m². The below map shows the location of 20 SPRINGHEAD 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 20 SPRINGHEAD 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 20 SPRINGHEAD LANE?

20 SPRINGHEAD LANE is located in ELY, in the CB7 postcode district. The below map shows the position of No. 20 on SPRINGHEAD LANE.