3, CAGE LANE, STRETHAM, ELY, CB6 3LB - £250,000

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

3 CAGE LANE is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £250,000 in September 2018, which was around 35% below the average September 2018 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was D.

3 CAGE LANE Sold Prices

Land registry data shows four sales for 3 CAGE 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. All of the four 3 CAGE 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
2018 7 SEP	£250,000	£387,562	35% below HPI
2018 25 MAY	£247,000	£381,304	35% below HPI
2011 30 JUN	£190,000	£241,661	21% below HPI
2008 22 JUL	£195,000	£254,331	23% below HPI

3 CAGE 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 3 CAGE LANE sales between July 2008 and September 2018 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 May 2018 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2018 sale, which was also at 35% below the HPI.

How Large is 3 CAGE LANE?

3 CAGE LANE is 74m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% of detached houses in Stretham, based on EPC data. The below chart shows the distribution of detached houses by size in Stretham, and where 3 CAGE LANE lies on this distribution: 9% of detached houses are smaller than 3 CAGE LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Stretham.

3 CAGE LANE: Plot and Title Map

3 CAGE LANE sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of 3 CAGE 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 3 CAGE 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 3 CAGE LANE?

3 CAGE LANE is located in STRETHAM, in the CB6 postcode district. The below map shows the position of No. 3 on CAGE LANE.