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 BEECH LANE is a very large detached house of 173m², built sometime between 1983 and 1990. It was last sold for £650,000 in February 2017, which was around 75% above the average February 2017 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was December 2011, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 7 BEECH LANE since 1st 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 7 BEECH LANE 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 |
---|---|---|---|
2017 22 FEB | £650,000 | £372,479 | 75% above HPI |
2014 28 NOV | £545,000 | £301,577 | 81% above HPI |
2007 23 FEB | £265,000 | £249,515 | 6% above HPI |
The below graph shows the average detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The three 7 BEECH LANE sales between February 2007 and February 2017 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 November 2014 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the February 2017 sale, where it falls to 75% above the HPI. The line then continues to track at 75% above the HPI.
7 BEECH LANE is 173m² according to the EPC inspection conducted in December 2011. This puts it in the largest 20% of detached houses in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where 7 BEECH LANE lies on this distribution: 88% of detached houses are smaller than 7 BEECH LANE, and 12% of houses are larger. Note that EPC data is not available for all properties in Ely.
7 BEECH LANE sits on a plot of roughly 0.141 of an acre, or 569m². The below map shows the location of 7 BEECH 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 BEECH 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.
7 BEECH LANE is located in ELY, in the CB7 postcode district. The below map shows the position of No. 7 on BEECH LANE.