2, Parsons Lane
2, Parsons Lane
Description & Estimates
2, Parsons Lane, Ely is recorded publicly as an early-century leasehold house across 1,302 ft2 of internal area, sitting on a 373 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Parsons Lane, Ely is £207,045 and its rental estimate is £958 per month, given the available information and assuming reasonable condition.
Parsons Lane, Littleport, Ely, CB6 falls within the CB6 postal district, in the borough of East Cambridgeshire.
Our Data Sources
2, Parsons Lane, Ely has 21 entries in the Land Registry , most recently in September 2014 and a single entry in the EPC database dated August 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Parsons Lane, Ely, we estimate a market value of £217,397 and a rental value of £1,006 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £192,552 and £891 per month respectively.
Recent Market Change
Over the last year, 2, Parsons Lane, Ely has seen its estimated sale value fall by £4,786 (2.3%) and its estimated rental value move up by £15 per month (1.6%). This results in an estimated gross rental yield of 5.6%.
Plot Size
HM Land Registry records the plot of land for 2, Parsons Lane, Ely as measuring 373 m2.
That makes it the 4th largest plot in the postcode, where all 38 other houses have recorded plot data.
Energy Efficiency
2, Parsons Lane, Ely has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Aug 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Parsons Lane, Ely completed on 30th September 2014 at £230,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 104.6% over the period since September 2014.
- Sold Sep 2014£230,000
- Sold Sep 2004£124,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 2, Parsons Lane, Ely have sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th September 2022, was 33, Upton Place, Ely, CB6 1LE, a freehold house which sold for £220,000.
Read more about house prices in CB6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 188 addresses on Parsons Lane, Littleport, Ely, CB6, 2, Parsons Lane, Ely comes out as the 5th largest and the 91st most expensive in our analysis of the public data.
It is also £138k less expensive than the average property across the CB6 district.
More reading links
Schools Nearby
- 500mLittleport Community Primary School
- 900mMillfield Primary School
- 4.8kmDownham Feoffees Primary Academy
- 600mVista Academy Littleport
- 6.4kmEly College
- 9.5kmWitchford Village College
More reading links
Public Transport Nearby
From 2, Parsons Lane, Ely, the nearest station is Littleport, 1.3 kilometres away.
- 1.3kmLittleport
- 7.7kmEly
- 8.3kmShippea Hill
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
