3, MARTINS LANE, WITCHAM, ELY, CB6 2LB - £340,000

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 MARTINS LANE is a midsized detached house of 139m², built sometime between 1983 and 1990. It was last sold for £340,000 in February 2019, which was around 9% below the average February 2019 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was C.

3 MARTINS LANE Sold Prices

Land registry data shows four sales for 3 MARTINS 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 3 MARTINS 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
2019 22 FEB	£340,000	£374,885	9% below HPI
2002 25 SEP	£205,000	£184,535	11% above HPI
2000 2 JUN	£135,000	£124,794	8% above HPI
1998 20 JUL	£116,000	£99,915	16% above HPI

3 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 four 3 MARTINS LANE sales between July 1998 and February 2019 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 2002 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the February 2019 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 3 MARTINS LANE?

3 MARTINS LANE is 139m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 50% of detached houses in Witcham, based on EPC data. The below chart shows the distribution of detached houses by size in Witcham, and where 3 MARTINS LANE lies on this distribution: 45% of detached houses are smaller than 3 MARTINS LANE, and 55% of houses are larger. Note that EPC data is not available for all properties in Witcham.

3 MARTINS LANE: Plot and Title Map

3 MARTINS LANE sits on a plot of roughly 0.181 of an acre, or 734m². The below map shows the location of 3 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 3 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 3 MARTINS LANE?

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