8, GRACE GARDENS, ELY, CB6 3GG - £392,000

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

8 GRACE GARDENS is a small detached house of 104m², built sometime from 2007 onwards. It was last sold for £392,000 in January 2021, which was around 1% above the average January 2021 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

8 GRACE GARDENS Sold Prices

Land registry data shows three sales for 8 GRACE GARDENS 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. One of the three 8 GRACE GARDENS sales was for above the average price, whilst two 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
2021 28 JAN	£392,000	£389,531	1% above HPI
2016 18 MAR	£325,000	£347,890	7% below HPI
2008 31 OCT	£195,000	£236,081	17% below HPI

8 GRACE GARDENS 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 8 GRACE GARDENS sales between October 2008 and January 2021 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 March 2016 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2021 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 8 GRACE GARDENS?

8 GRACE GARDENS is 104m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 40% of detached houses in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where 8 GRACE GARDENS lies on this distribution: 35% of detached houses are smaller than 8 GRACE GARDENS, and 64% of houses are larger. Note that EPC data is not available for all properties in Ely.

8 GRACE GARDENS: Plot and Title Map

8 GRACE GARDENS sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 8 GRACE GARDENS, 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 8 GRACE GARDENS). 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 8 GRACE GARDENS?

8 GRACE GARDENS is located in ELY, in the CB6 postcode district. The below map shows the position of No. 8 on GRACE GARDENS.