54, NEW PATH, FORDHAM, ELY, CB7 5JX - £385,000

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

54 NEW PATH is a midsized detached house of 138m², built sometime before 1900. It was last sold for £385,000 in September 2019, which was around 3% below the average September 2019 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was B.

54 NEW PATH Sold Prices

Land registry data shows four sales for 54 NEW PATH 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 54 NEW PATH 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
2019 12 SEP	£385,000	£397,669	3% below HPI
2002 11 JUN	£220,000	£168,374	31% above HPI
1998 13 NOV	£140,000	£100,111	40% above HPI
1998 6 FEB	£120,000	£94,700	27% above HPI

54 NEW PATH 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 54 NEW PATH sales between February 1998 and September 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 June 2002 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2019 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 54 NEW PATH?

54 NEW PATH is 138m² according to the EPC inspection conducted in March 2019. This puts it in the largest 50% of detached houses in Fordham, based on EPC data. The below chart shows the distribution of detached houses by size in Fordham, and where 54 NEW PATH lies on this distribution: 51% of detached houses are smaller than 54 NEW PATH, and 47% of houses are larger. Note that EPC data is not available for all properties in Fordham.

54 NEW PATH: Plot and Title Map

54 NEW PATH sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 54 NEW PATH, 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 54 NEW PATH). 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 54 NEW PATH?

54 NEW PATH is located in FORDHAM, in the CB7 postcode district. The below map shows the position of No. 54 on NEW PATH.