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

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

23A READS STREET is a large extended detached house of 142m², built sometime between 1976 and 1982. It was last sold for £355,000 in October 2021, which was around 14% 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	£413,418	14% below HPI
2012 16 NOV	£270,000	£250,678	8% 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 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

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 in Stretham, based on EPC data. The below chart shows the distribution of detached houses by size in Stretham, and where 23A READS STREET lies on this distribution: 74% of detached houses are smaller than 23A READS STREET, and 26% 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.