7, RED LION LANE, SUTTON, ELY, CB6 2NE - £280,000

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 RED LION LANE is a small extended detached house of 98m², built sometime before 1900. It was last sold for £280,000 in April 2018, which was around 25% below the average April 2018 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

7 RED LION LANE Sold Prices

Land registry data shows three sales for 7 RED LION LANE 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 7 RED LION LANE 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
2018 17 APR	£280,000	£375,489	25% below HPI
2015 31 JUL	£245,000	£313,825	22% below HPI
2006 12 MAY	£171,650	£227,230	24% below HPI

7 RED LION 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 three 7 RED LION LANE sales between May 2006 and April 2018 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 2015 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the April 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 7 RED LION LANE?

7 RED LION LANE is 98m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% of detached houses in Sutton, based on EPC data. The below chart shows the distribution of detached houses by size in Sutton, and where 7 RED LION LANE lies on this distribution: 28% of detached houses are smaller than 7 RED LION LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Sutton.

7 RED LION LANE: Plot and Title Map

7 RED LION LANE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 7 RED LION 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 RED LION 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 RED LION LANE?

7 RED LION LANE is located in SUTTON, in the CB6 postcode district. The below map shows the position of No. 7 on RED LION LANE.