8, THE CROFTERS, STRETHAM, ELY, CB6 3NF - £281,000

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 THE CROFTERS is a very small extended detached house of 76m², built sometime between 1976 and 1982. It was last sold for £281,000 in January 2024, which was around 39% below the average January 2024 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

8 THE CROFTERS Sold Prices

Land registry data shows four sales for 8 THE CROFTERS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the four 8 THE CROFTERS 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
2024 31 JAN	£281,000	£457,162	39% below HPI
2021 13 AUG	£263,000	£401,673	35% below HPI
2004 17 SEP	£155,000	£224,641	31% below HPI
1996 10 JUN	£57,000	£76,785	26% below HPI

8 THE CROFTERS 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 four 8 THE CROFTERS sales between June 1996 and January 2024 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 August 2021 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2024 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 8 THE CROFTERS?

8 THE CROFTERS is 76m², which includes two extensions, according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of detached houses in Stretham, based on EPC data. The below chart shows the distribution of detached houses by size in Stretham, and where 8 THE CROFTERS lies on this distribution: 10% of detached houses are smaller than 8 THE CROFTERS, and 90% of houses are larger. Note that EPC data is not available for all properties in Stretham.

8 THE CROFTERS: Plot and Title Map

8 THE CROFTERS sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 8 THE CROFTERS, 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 THE CROFTERS). 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 THE CROFTERS?

8 THE CROFTERS is located in STRETHAM, in the CB6 postcode district. The below map shows the position of No. 8 on THE CROFTERS.