4, GRACE GARDENS, ELY, CB6 3GG - £350,000

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.

4 GRACE GARDENS is a very large detached house of 166m², built sometime from 2007 onwards, which could now be worth an estimated £687,317. It was last sold for £350,000 in July 2011, which was around 38% above the average July 2011 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was November 2008, where the current energy rating was C, and the potential energy rating was B.

4 GRACE GARDENS Sold Prices

Land registry data shows two sales for 4 GRACE GARDENS 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 4 GRACE GARDENS 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
2011 29 JUL	£350,000	£253,172	38% above HPI
2008 21 NOV	£290,000	£239,002	21% above HPI

4 GRACE GARDENS 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 4 GRACE GARDENS sales from November 2008 and July 2011 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 2008 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the July 2011 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 4 GRACE GARDENS be worth now?

4 GRACE GARDENS might now be worth an estimated £687,317.

This is based on house price inflation of 96.4%, between July 2011 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 96.4% inflationary increase is applied to the most recent sale price for 4 GRACE GARDENS of £350,000 on 29th July 2011. For the value to have increased from £350,000 to £687,317 over the fourteen years and five months to February 2025, the following assumptions must hold true:

• The value of 4 GRACE GARDENS has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The July 2011 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GRACE GARDENS has not materially changed since July 2011.

How Large is 4 GRACE GARDENS?

4 GRACE GARDENS is 166m² according to the EPC inspection conducted in November 2008. This puts it in the largest 20% of detached houses houses in Ely, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ely, and where 4 GRACE GARDENS lies on this distribution: 86% of detached houses houses are smaller than 4 GRACE GARDENS, and 14% of houses are larger. Note that EPC data is not available for all properties in Ely.

4 GRACE GARDENS: Plot and Title Map

4 GRACE GARDENS sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 4 GRACE GARDENS, 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 4 GRACE GARDENS). 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 4 GRACE GARDENS?

4 GRACE GARDENS is located in ELY, in the CB6 postcode district. The below map shows the position of No. 4 on GRACE GARDENS.