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

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.

2A FOUNTAIN LANE is a large detached house of 153m², built sometime between 1983 and 1990, which could now be worth an estimated £471,310. It was last sold for £245,000 in February 2013, which was around 5% 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	£258,443	5% below HPI
2009 27 MAR	£200,000	£231,251	14% below HPI
2007 24 OCT	£247,000	£270,850	9% below HPI
1999 14 DEC	£128,500	£119,131	8% 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 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2013 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 2A FOUNTAIN LANE be worth now?

2A FOUNTAIN LANE might now be worth an estimated £471,310.

This is based on house price inflation of 92.4%, between February 2013 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 92.4% inflationary increase is applied to the most recent sale price for 2A FOUNTAIN LANE of £245,000 on 1st February 2013. For the value to have increased from £245,000 to £471,310 over the twelve years to February 2025, the following assumptions must hold true:

• The value of 2A FOUNTAIN LANE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The February 2013 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 2A FOUNTAIN LANE has not materially changed since February 2013.

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 houses in Soham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Soham, and where 2A FOUNTAIN LANE lies on this distribution: 77% of detached houses houses are smaller than 2A FOUNTAIN LANE, and 23% 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.