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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 12, Springhead Lane, Ely is a mid-century freehold house with 2,594 ft2 of internal area and sits on a 1,045 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Springhead Lane, Ely is £901,485 and the estimated rental value is £2,773 per month.
Springhead Lane, Ely, CB7 is located in the borough of East Cambridgeshire within the CB7 postal district.
12, Springhead Lane, Ely has 2 entries in the Land Registry , most recently in October 2017 and a single entry in the EPC database dated February 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 12, Springhead Lane, Ely is in very good condition we estimate a sale value of £946,559 and a rental value of £2,912 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £838,381 and a rental value of £2,579 per month.
Over the last 12 months the sale value of 12 Springhead Lane Ely has decreased by an estimated £25,696 (2.9%) and its rental value has increased by an estimated £37 per month (1.4%), giving an expected gross yield of 3.7%.
According to data from HM Land Registry, 12, Springhead Lane, Ely sits on a plot of 1045m2.
We have plot size data on 23 out of 30 other houses in the postcode and 12, Springhead Lane, Ely sits on the largest plot.
12, Springhead Lane, Ely has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Feb 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 12, Springhead Lane, Ely was last sold on 6th October 2017 for £695,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2017, the market for similar properties has risen 15.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Springhead Lane, Ely within a radius of 640 metres over the last 2 years.
The most recent example is 18, Lynn Road, Ely, CB6 1DA, a freehold house which sold for £790,000 on the 25th September 2024.
Read more about house prices in CB7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springhead Lane, Ely, CB7 has a total of 37 addresses. According to our analysis of all the public data, 12, Springhead Lane, Ely is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £581k more expensive than the average property in CB7.
The closest station to 12, Springhead Lane, Ely is Ely station which is 1.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 12, Springhead Lane, Ely, 63.9% of property is privately owned outright and 13.4% is privately rented.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 12, Springhead Lane, Ely, 5.8% of residents are recorded as possessing school level qualifications and 39.1% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 12, Springhead Lane, Ely, the average age was 42 and the most common age was 47.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 12, Springhead Lane, Ely, 1.6% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 12, Springhead Lane, Ely, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
