3, FOUNTAIN LANE, SOHAM, ELY, CB7 5ED - £385,000

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 FOUNTAIN LANE is a very large extended detached house of 258m², built sometime before 1900. It was last sold for £385,000 in May 2020, which was around 1% above the average May 2020 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

3 FOUNTAIN LANE Sold Prices

Land registry data shows two sales for 3 FOUNTAIN 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 3 FOUNTAIN LANE sales were for above 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 7 MAY	£385,000	£383,026	1% above HPI
2003 19 NOV	£297,500	£199,417	49% above HPI

3 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 two 3 FOUNTAIN LANE sales from November 2003 and May 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 November 2003 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the May 2020 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 3 FOUNTAIN LANE?

3 FOUNTAIN LANE is 258m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 10% of detached houses in Soham, based on EPC data. The below chart shows the distribution of detached houses by size in Soham, and where 3 FOUNTAIN LANE lies on this distribution: 97% of detached houses are smaller than 3 FOUNTAIN LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in Soham.

3 FOUNTAIN LANE: Plot and Title Map

3 FOUNTAIN LANE sits on a plot of roughly 0.163 of an acre, or 661m². The below map shows the location of 3 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 3 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 3 FOUNTAIN LANE?

3 FOUNTAIN LANE is located in SOHAM, in the CB7 postcode district. The below map shows the position of No. 3 on FOUNTAIN LANE.