21, READS STREET, STRETHAM, ELY, CB6 3JT - £250,000

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

21 READS STREET is a very small extended detached house of 79m², built sometime between 1900 and 1929. It was last sold for £250,000 in December 2021, which was around 39% below the average December 2021 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was B.

21 READS STREET Sold Prices

Land registry data shows two sales for 21 READS STREET 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 21 READS STREET 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
2021 10 DEC	£250,000	£411,101	39% below HPI
1996 12 JAN	£65,000	£82,516	21% below HPI

21 READS STREET 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 21 READS STREET sales from January 1996 and December 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 January 1996 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 21 READS STREET?

21 READS STREET is 79m², which includes two extensions, according to the EPC inspection conducted in April 2013. This puts it in the smallest 20% of detached houses in Stretham, based on EPC data. The below chart shows the distribution of detached houses by size in Stretham, and where 21 READS STREET lies on this distribution: 12% of detached houses are smaller than 21 READS STREET, and 87% of houses are larger. Note that EPC data is not available for all properties in Stretham.

21 READS STREET: Plot and Title Map

21 READS STREET sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 21 READS STREET, 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 21 READS STREET). 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 21 READS STREET?

21 READS STREET is located in STRETHAM, in the CB6 postcode district. The below map shows the position of No. 21 on READS STREET.