MALLABARS, BRAYS LANE, ELY, CB7 4QJ - £795,000

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

MALLABARS is a very large extended detached house of 221m², built sometime between 1967 and 1975. It was last sold for £795,000 in June 2019, which was around 102% above the average June 2019 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

MALLABARS Sold Prices

Land registry data shows two sales for MALLABARS 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 MALLABARS 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 25 JUN	£795,000	£393,567	102% above HPI
1998 13 MAR	£180,000	£95,676	88% above HPI

MALLABARS 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 MALLABARS sales from March 1998 and June 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 March 1998 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the June 2019 sale, where it rises to 102% above the HPI. The line then continues to track at 102% above the HPI.

How Large is MALLABARS?

MALLABARS is 221m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the largest 10% of detached houses in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where MALLABARS lies on this distribution: 97% of detached houses are smaller than MALLABARS, and 2% of houses are larger. Note that EPC data is not available for all properties in Ely.

MALLABARS: Plot and Title Map

MALLABARS sits on a plot of roughly 0.365 of an acre, or 1,476m². The below map shows the location of MALLABARS, 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 MALLABARS). 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 MALLABARS?

MALLABARS is located on BRAYS LANE in ELY, in the CB7 postcode district. The below map shows the position of MALLABARS on BRAYS LANE.