56, ELIZABETH WAY, CAMBRIDGE, CB4 1EE - £480,000

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.

56 ELIZABETH WAY is a very small detached house of 66m², built sometime between 1900 and 1929, which could now be worth an estimated £559,597. It was last sold for £480,000 in April 2021, which was around 45% below the average April 2021 detached price in the Cambridge local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was D.

56 ELIZABETH WAY Sold Prices

Land registry data shows three sales for 56 ELIZABETH WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cambridge local authority area for the corresponding sale date. All of the three 56 ELIZABETH WAY 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
2021 12 APR	£480,000	£880,044	45% below HPI
2002 16 OCT	£162,500	£391,936	59% below HPI
1998 11 DEC	£78,000	£220,946	65% below HPI

56 ELIZABETH WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cambridge local authority area over time, sourced from the HPI. The three 56 ELIZABETH WAY sales between December 1998 and April 2021 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 October 2002 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the April 2021 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 56 ELIZABETH WAY be worth now?

56 ELIZABETH WAY might now be worth an estimated £559,597.

This is based on house price inflation of 16.6%, between April 2021 and February 2025, for detached houses, in the Cambridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.6% inflationary increase is applied to the most recent sale price for 56 ELIZABETH WAY of £480,000 on 12th April 2021. For the value to have increased from £480,000 to £559,597 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 56 ELIZABETH WAY has moved in line with the HPI for detached houses in the Cambridge local authority area.
• The April 2021 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 56 ELIZABETH WAY has not materially changed since April 2021.

How Large is 56 ELIZABETH WAY?

56 ELIZABETH WAY is 66m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 10% of detached houses houses in Cambridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cambridge, and where 56 ELIZABETH WAY lies on this distribution: 4% of detached houses houses are smaller than 56 ELIZABETH WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

56 ELIZABETH WAY: Plot and Title Map

56 ELIZABETH WAY sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 56 ELIZABETH WAY, 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 56 ELIZABETH WAY). 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 56 ELIZABETH WAY?

56 ELIZABETH WAY is located in CAMBRIDGE, in the CB4 postcode district. The below map shows the position of No. 56 on ELIZABETH WAY.