4, SHIP LANE, ELY, CB7 4BB - £277,000

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

4 SHIP LANE is a small detached house of 95m², built sometime between 1900 and 1929. It was last sold for £277,000 in January 2014, which was around 3% above the average January 2014 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was June 2013, where the current energy rating was E, and the potential energy rating was B.

4 SHIP LANE Sold Prices

Land registry data shows four sales for 4 SHIP 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 4 SHIP 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
2014 10 JAN	£277,000	£268,674	3% above HPI
2002 5 DEC	£207,500	£184,748	12% above HPI
2000 7 JAN	£147,000	£114,638	28% above HPI
1995 20 NOV	£76,000	£80,760	6% below HPI

4 SHIP 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 4 SHIP LANE sales between November 1995 and January 2014 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 December 2002 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the January 2014 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 4 SHIP LANE?

4 SHIP LANE is 95m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 30% of detached houses in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where 4 SHIP LANE lies on this distribution: 25% of detached houses are smaller than 4 SHIP LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Ely.

4 SHIP LANE: Plot and Title Map

4 SHIP LANE sits on a plot of roughly 0.023 of an acre, or 95m². The below map shows the location of 4 SHIP 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 4 SHIP 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 4 SHIP LANE?

4 SHIP LANE is located in ELY, in the CB7 postcode district. The below map shows the position of No. 4 on SHIP LANE.