23A, READS STREET, STRETHAM, ELY, CB6 3JT - £355,000

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.

23A READS STREET is a large extended detached house of 142m², built sometime between 1976 and 1982, which could now be worth an estimated £411,171. It was last sold for £355,000 in October 2021, which was around 17% below the average October 2021 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

23A READS STREET Sold Prices

Land registry data shows two sales for 23A 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. One of the two 23A READS STREET sales was for below the average price, whilst the other was 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
2021 22 OCT	£355,000	£429,250	17% below HPI
2012 16 NOV	£270,000	£260,278	4% above HPI

23A 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 23A READS STREET sales from November 2012 and October 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 November 2012 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 23A READS STREET be worth now?

23A READS STREET might now be worth an estimated £411,171.

This is based on house price inflation of 15.8%, between October 2021 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 15.8% inflationary increase is applied to the most recent sale price for 23A READS STREET of £355,000 on 22nd October 2021. For the value to have increased from £355,000 to £411,171 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 23A READS STREET has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The October 2021 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 23A READS STREET has not materially changed since October 2021.

How Large is 23A READS STREET?

23A READS STREET is 142m², which includes two extensions, according to the EPC inspection conducted in July 2012. This puts it in the largest 30% of detached houses houses in Stretham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stretham, and where 23A READS STREET lies on this distribution: 76% of detached houses houses are smaller than 23A READS STREET, and 24% of houses are larger. Note that EPC data is not available for all properties in Stretham.

23A READS STREET: Plot and Title Map

23A READS STREET sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 23A 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 23A 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 23A READS STREET?

23A READS STREET is located in STRETHAM, in the CB6 postcode district. The below map shows the position of No. 23A on READS STREET.