56, MARKET STREET, FORDHAM, ELY, CB7 5LQ - £395,000

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 MARKET STREET is a very small extended detached house of 94m², built sometime before 1900. It was last sold for £395,000 in July 2022, which was around 9% below the average July 2022 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

56 MARKET STREET Sold Prices

Land registry data shows three sales for 56 MARKET STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the three 56 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
2022 1 JUL	£395,000	£435,300	9% below HPI
2002 4 OCT	£116,000	£186,036	38% below HPI
1995 23 AUG	£55,500	£80,002	31% below HPI

56 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 three 56 MARKET STREET sales between August 1995 and July 2022 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 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 56 MARKET STREET?

56 MARKET STREET is 94m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% of detached houses in Fordham, based on EPC data. The below chart shows the distribution of detached houses by size in Fordham, and where 56 MARKET STREET lies on this distribution: 15% of detached houses are smaller than 56 MARKET STREET, and 85% of houses are larger. Note that EPC data is not available for all properties in Fordham.

56 MARKET STREET: Plot and Title Map

56 MARKET STREET sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 56 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 56 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 56 MARKET STREET?

56 MARKET STREET is located in FORDHAM, in the CB7 postcode district. The below map shows the position of No. 56 on MARKET STREET.