40, NORFOLK ROAD, ELY, CB6 3EJ - £325,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

40 NORFOLK ROAD is a very small detached house of 84m², built sometime between 1996 and 2002. It was last sold for £325,000 in July 2019, which was around 18% below the average July 2019 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

40 NORFOLK ROAD Sold Prices

Land registry data shows two sales for 40 NORFOLK ROAD 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 40 NORFOLK ROAD 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
2019 11 JUL	£325,000	£395,284	18% below HPI
1997 16 JUL	£86,995	£89,356	3% below HPI

40 NORFOLK ROAD 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 40 NORFOLK ROAD sales from July 1997 and July 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 July 1997 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 40 NORFOLK ROAD?

40 NORFOLK ROAD is 84m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 20% of detached houses in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where 40 NORFOLK ROAD lies on this distribution: 16% of detached houses are smaller than 40 NORFOLK ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Ely.

40 NORFOLK ROAD: Plot and Title Map

40 NORFOLK ROAD sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 40 NORFOLK ROAD, 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 40 NORFOLK ROAD). 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 40 NORFOLK ROAD?

40 NORFOLK ROAD is located in ELY, in the CB6 postcode district. The below map shows the position of No. 40 on NORFOLK ROAD.