2A, MARTINS LANE, WITCHAM, ELY, CB6 2LB - £264,550

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 MARTINS LANE is a small extended detached house of 114m², built sometime from 2007 onwards, which could now be worth an estimated £464,195. It was last sold for £264,550 in February 2014, which was around 6% below the average February 2014 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

2A MARTINS LANE Sold Prices

Land registry data shows two sales for 2A MARTINS LANE 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. Both of the two 2A MARTINS 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
2014 14 FEB	£264,550	£280,704	6% below HPI
2006 26 SEP	£100,000	£244,898	59% below HPI

2A MARTINS 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 two 2A MARTINS LANE sales from September 2006 and February 2014 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 2006 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the February 2014 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 2A MARTINS LANE be worth now?

2A MARTINS LANE might now be worth an estimated £464,195.

This is based on house price inflation of 75.5%, between February 2014 and March 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 75.5% inflationary increase is applied to the most recent sale price for 2A MARTINS LANE of £264,550 on 14th February 2014. For the value to have increased from £264,550 to £464,195 over the ten years and eleven months to March 2025, the following assumptions must hold true:

• The value of 2A MARTINS LANE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The February 2014 sale price of £264,550 represented a fair market value for the property.
• The size, condition, and specification of 2A MARTINS LANE has not materially changed since February 2014.

How Large is 2A MARTINS LANE?

2A MARTINS LANE is 114m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 30% of detached houses houses in Witcham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Witcham, and where 2A MARTINS LANE lies on this distribution: 22% of detached houses houses are smaller than 2A MARTINS LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Witcham.

2A MARTINS LANE: Plot and Title Map

2A MARTINS LANE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 2A MARTINS 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 MARTINS 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 MARTINS LANE?

2A MARTINS LANE is located in WITCHAM, in the CB6 postcode district. The below map shows the position of No. 2A on MARTINS LANE.