5, MARKET STREET, FORDHAM, ELY, CB7 5LQ - £327,500

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.

5 MARKET STREET is a small extended detached house of 102m², built sometime between 1950 and 1966, which could now be worth an estimated £409,683. It was last sold for £327,500 in October 2018, which was around 18% below the average October 2018 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was C.

5 MARKET STREET Sold Prices

Land registry data shows five sales for 5 MARKET STREET 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. Most of the five 5 MARKET STREET 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 5 OCT	£327,500	£397,437	18% below HPI
2018 28 FEB	£215,000	£394,068	45% below HPI
2001 26 OCT	£165,000	£157,972	4% above HPI
2000 5 APR	£80,000	£130,427	39% below HPI
1998 18 NOV	£88,000	£103,944	15% below HPI

5 MARKET STREET 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 5 MARKET STREET sales between November 1998 and October 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 February 2018 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2018 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 5 MARKET STREET be worth now?

5 MARKET STREET might now be worth an estimated £409,683.

This is based on house price inflation of 25.1%, between October 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 25.1% inflationary increase is applied to the most recent sale price for 5 MARKET STREET of £327,500 on 5th October 2018. For the value to have increased from £327,500 to £409,683 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 MARKET STREET has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The October 2018 sale price of £327,500 represented a fair market value for the property.
• The size, condition, and specification of 5 MARKET STREET has not materially changed since October 2018.

How Large is 5 MARKET STREET?

5 MARKET STREET is 102m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the smallest 30% of detached houses houses in Fordham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fordham, and where 5 MARKET STREET lies on this distribution: 21% of detached houses houses are smaller than 5 MARKET STREET, and 79% of houses are larger. Note that EPC data is not available for all properties in Fordham.

5 MARKET STREET: Plot and Title Map

5 MARKET STREET sits on a plot of roughly 0.159 of an acre, or 642m². The below map shows the location of 5 MARKET STREET, 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 5 MARKET STREET). 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 5 MARKET STREET?

5 MARKET STREET is located in FORDHAM, in the CB7 postcode district. The below map shows the position of No. 5 on MARKET STREET.