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

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

56 ELIZABETH WAY is a very small detached house of 66m², built sometime between 1900 and 1929. It was last sold for £480,000 in April 2021, which was around 43% 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	£835,017	43% below HPI
2002 16 OCT	£162,500	£371,883	56% below HPI
1998 11 DEC	£78,000	£209,642	63% 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 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the April 2021 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

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 in Cambridge, based on EPC data. The below chart shows the distribution of detached houses by size in Cambridge, and where 56 ELIZABETH WAY lies on this distribution: 4% of detached 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.