4, OLD BANK, PRICKWILLOW, ELY, CB7 4UT - £316,500

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 OLD BANK is a small extended detached house of 102m², built sometime between 2003 and 2006, which could now be worth an estimated £391,036. It was last sold for £316,500 in September 2018, which was around 21% below the average September 2018 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

4 OLD BANK Sold Prices

Land registry data shows five sales for 4 OLD BANK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the five 4 OLD BANK 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 12 SEP	£316,500	£402,404	21% below HPI
2016 27 MAY	£260,000	£361,760	28% below HPI
2003 20 NOV	£163,000	£207,054	21% below HPI
2002 12 SEP	£149,950	£191,601	22% below HPI
2001 12 FEB	£22,000	£137,250	84% below HPI

4 OLD BANK 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 five 4 OLD BANK sales between February 2001 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 2016 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2018 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 4 OLD BANK be worth now?

4 OLD BANK might now be worth an estimated £391,036.

This is based on house price inflation of 23.5%, between September 2018 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 23.5% inflationary increase is applied to the most recent sale price for 4 OLD BANK of £316,500 on 12th September 2018. For the value to have increased from £316,500 to £391,036 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 OLD BANK has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The September 2018 sale price of £316,500 represented a fair market value for the property.
• The size, condition, and specification of 4 OLD BANK has not materially changed since September 2018.

How Large is 4 OLD BANK?

4 OLD BANK is 102m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the smallest 30% of detached houses houses in Prickwillow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Prickwillow, and where 4 OLD BANK lies on this distribution: 24% of detached houses houses are smaller than 4 OLD BANK, and 73% of houses are larger. Note that EPC data is not available for all properties in Prickwillow.

4 OLD BANK: Plot and Title Map

4 OLD BANK sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 4 OLD BANK, 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 OLD BANK). 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 OLD BANK?

4 OLD BANK is located in PRICKWILLOW, in the CB7 postcode district. The below map shows the position of No. 4 on OLD BANK.