26, THE MEDWAY, ELY, CB6 2WU - £229,000

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.

26 THE MEDWAY is a very small semi-detached house of 61m², built sometime between 2003 and 2006, which could now be worth an estimated £290,867. It was last sold for £229,000 in February 2020, which was around 13% below the average February 2020 semi-detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

26 THE MEDWAY Sold Prices

Land registry data shows four sales for 26 THE MEDWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the four 26 THE MEDWAY 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
2020 11 FEB	£229,000	£262,755	13% below HPI
2017 22 SEP	£235,000	£255,766	8% below HPI
2006 29 SEP	£154,500	£163,615	6% below HPI
2005 30 JUN	£134,591	£156,928	14% below HPI

26 THE MEDWAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The four 26 THE MEDWAY sales between June 2005 and February 2020 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 September 2017 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2020 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 26 THE MEDWAY be worth now?

26 THE MEDWAY might now be worth an estimated £290,867.

This is based on house price inflation of 27%, between February 2020 and February 2025, for semi-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 27% inflationary increase is applied to the most recent sale price for 26 THE MEDWAY of £229,000 on 11th February 2020. For the value to have increased from £229,000 to £290,867 over the five years to February 2025, the following assumptions must hold true:

• The value of 26 THE MEDWAY has moved in line with the HPI for semi-detached houses in the East Cambridgeshire local authority area.
• The February 2020 sale price of £229,000 represented a fair market value for the property.
• The size, condition, and specification of 26 THE MEDWAY has not materially changed since February 2020.

How Large is 26 THE MEDWAY?

26 THE MEDWAY is 61m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of semi-detached houses houses in Ely, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ely, and where 26 THE MEDWAY lies on this distribution: 2% of semi-detached houses houses are smaller than 26 THE MEDWAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Ely.

26 THE MEDWAY: Plot and Title Map

26 THE MEDWAY sits on a plot of roughly 0.028 of an acre, or 115m². The below map shows the location of 26 THE MEDWAY, 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 26 THE MEDWAY). 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 26 THE MEDWAY?

26 THE MEDWAY is located in ELY, in the CB6 postcode district. The below map shows the position of No. 26 on THE MEDWAY.