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

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.

8 GRACE GARDENS is a small detached house of 104m², built sometime from 2007 onwards, which could now be worth an estimated £481,868. It was last sold for £392,000 in January 2021, which was around 3% below 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. All of the three 8 GRACE GARDENS 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
2021 28 JAN	£392,000	£404,448	3% below HPI
2016 18 MAR	£325,000	£361,212	10% below HPI
2008 31 OCT	£195,000	£245,121	20% 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 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2021 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 8 GRACE GARDENS be worth now?

8 GRACE GARDENS might now be worth an estimated £481,868.

This is based on house price inflation of 22.9%, between January 2021 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 22.9% inflationary increase is applied to the most recent sale price for 8 GRACE GARDENS of £392,000 on 28th January 2021. For the value to have increased from £392,000 to £481,868 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 8 GRACE GARDENS has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The January 2021 sale price of £392,000 represented a fair market value for the property.
• The size, condition, and specification of 8 GRACE GARDENS has not materially changed since January 2021.

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 houses in Ely, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ely, and where 8 GRACE GARDENS lies on this distribution: 35% of detached houses 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.