22, SPRINGHEAD LANE, ELY, CB7 4QY - £208,000

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

22 SPRINGHEAD LANE is a very large extended detached house of 162m², built sometime between 1950 and 1966. It was last sold for £208,000 in October 2008, which was around 12% below the average October 2008 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

22 SPRINGHEAD LANE Sold Prices

Land registry data shows two sales for 22 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 22 SPRINGHEAD LANE 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
2008 24 OCT	£208,000	£236,081	12% below HPI
2000 26 MAY	£114,000	£124,924	9% below HPI

22 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 22 SPRINGHEAD LANE sales from May 2000 and October 2008 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 May 2000 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2008 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 22 SPRINGHEAD LANE?

22 SPRINGHEAD LANE is 162m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the largest 20% of detached houses in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where 22 SPRINGHEAD LANE lies on this distribution: 85% of detached houses are smaller than 22 SPRINGHEAD LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Ely.

22 SPRINGHEAD LANE: Plot and Title Map

22 SPRINGHEAD LANE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 22 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 22 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 22 SPRINGHEAD LANE?

22 SPRINGHEAD LANE is located in ELY, in the CB7 postcode district. The below map shows the position of No. 22 on SPRINGHEAD LANE.