2A, FOUNTAIN LANE, SOHAM, ELY, CB7 5ED - £245,000

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

2A FOUNTAIN LANE is a large detached house of 153m², built sometime between 1983 and 1990. It was last sold for £245,000 in February 2013, which was around 2% below the average February 2013 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

2A FOUNTAIN LANE Sold Prices

Land registry data shows four sales for 2A FOUNTAIN LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. Most of the four 2A FOUNTAIN 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
2013 1 FEB	£245,000	£248,911	2% below HPI
2009 27 MAR	£200,000	£222,722	10% below HPI
2007 24 OCT	£247,000	£260,860	5% below HPI
1999 14 DEC	£128,500	£114,737	12% above HPI

2A FOUNTAIN 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 four 2A FOUNTAIN LANE sales between December 1999 and February 2013 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 March 2009 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2013 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 2A FOUNTAIN LANE?

2A FOUNTAIN LANE is 153m² according to the EPC inspection conducted in October 2008. This puts it in the largest 30% of detached houses in Soham, based on EPC data. The below chart shows the distribution of detached houses by size in Soham, and where 2A FOUNTAIN LANE lies on this distribution: 78% of detached houses are smaller than 2A FOUNTAIN LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Soham.

2A FOUNTAIN LANE: Plot and Title Map

2A FOUNTAIN LANE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 2A FOUNTAIN 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 2A FOUNTAIN 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 2A FOUNTAIN LANE?

2A FOUNTAIN LANE is located in SOHAM, in the CB7 postcode district. The below map shows the position of No. 2A on FOUNTAIN LANE.