7, BACK LANE, WICKEN, ELY, CB7 5YL - £227,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 BACK LANE is a very small detached house of 96m², built sometime between 1983 and 1990. It was last sold for £227,000 in June 2008, which was around 8% below the average June 2008 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was April 2023, where the current energy rating was E, and the potential energy rating was D.

7 BACK LANE Sold Prices

Land registry data shows two sales for 7 BACK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. One of the two 7 BACK LANE sales was for below the average price, whilst the other was 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
2008 12 JUN	£227,000	£246,121	8% below HPI
2004 26 JUL	£210,000	£207,161	1% above HPI

7 BACK LANE 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 two 7 BACK LANE sales from July 2004 and June 2008 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 July 2004 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2008 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 7 BACK LANE?

7 BACK LANE is 96m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 20% of detached houses in Wicken, based on EPC data. The below chart shows the distribution of detached houses by size in Wicken, and where 7 BACK LANE lies on this distribution: 16% of detached houses are smaller than 7 BACK LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Wicken.

7 BACK LANE: Plot and Title Map

7 BACK LANE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 7 BACK LANE, 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 7 BACK LANE). 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 7 BACK LANE?

7 BACK LANE is located in WICKEN, in the CB7 postcode district. The below map shows the position of No. 7 on BACK LANE.