7, GROVE PARK, FORDHAM, ELY, CB7 5ND - £425,000

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.

7 GROVE PARK is a midsized detached house of 128m², built sometime between 1991 and 1995, which could now be worth an estimated £517,352. It was last sold for £425,000 in May 2019, which was around 4% above the average May 2019 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

7 GROVE PARK Sold Prices

Land registry data shows two sales for 7 GROVE PARK 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. Both of the two 7 GROVE PARK 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
2019 24 MAY	£425,000	£408,421	4% above HPI
2007 15 JAN	£280,000	£252,521	11% above HPI

7 GROVE PARK 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 GROVE PARK sales from January 2007 and May 2019 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 January 2007 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2019 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 7 GROVE PARK be worth now?

7 GROVE PARK might now be worth an estimated £517,352.

This is based on house price inflation of 21.7%, between May 2019 and February 2025, for detached houses, in the East Cambridgeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.7% inflationary increase is applied to the most recent sale price for 7 GROVE PARK of £425,000 on 24th May 2019. For the value to have increased from £425,000 to £517,352 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 7 GROVE PARK has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The May 2019 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GROVE PARK has not materially changed since May 2019.

How Large is 7 GROVE PARK?

7 GROVE PARK is 128m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 50% of detached houses houses in Fordham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fordham, and where 7 GROVE PARK lies on this distribution: 43% of detached houses houses are smaller than 7 GROVE PARK, and 57% of houses are larger. Note that EPC data is not available for all properties in Fordham.

7 GROVE PARK: Plot and Title Map

7 GROVE PARK sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 7 GROVE PARK, 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 GROVE PARK). 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 GROVE PARK?

7 GROVE PARK is located in FORDHAM, in the CB7 postcode district. The below map shows the position of No. 7 on GROVE PARK.