15, CHESTNUT WAY, MEPAL, ELY, CB6 2YP - £280,000

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

15 CHESTNUT WAY is a midsized detached house of 97m², built sometime between 1996 and 2002. It was last sold for £280,000 in July 2019, which was around 29% below the average July 2019 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was C.

15 CHESTNUT WAY Sold Prices

Land registry data shows two sales for 15 CHESTNUT WAY 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 15 CHESTNUT WAY 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
2019 12 JUL	£280,000	£395,284	29% below HPI
1998 31 JUL	£89,000	£99,915	11% below HPI

15 CHESTNUT WAY 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 15 CHESTNUT WAY sales from July 1998 and July 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 July 1998 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2019 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 15 CHESTNUT WAY?

15 CHESTNUT WAY is 97m² according to the EPC inspection conducted in December 2018. This puts it in the largest 50% of detached houses in Mepal, based on EPC data. The below chart shows the distribution of detached houses by size in Mepal, and where 15 CHESTNUT WAY lies on this distribution: 59% of detached houses are smaller than 15 CHESTNUT WAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Mepal.

15 CHESTNUT WAY: Plot and Title Map

15 CHESTNUT WAY sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 15 CHESTNUT WAY, 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 15 CHESTNUT WAY). 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 15 CHESTNUT WAY?

15 CHESTNUT WAY is located in MEPAL, in the CB6 postcode district. The below map shows the position of No. 15 on CHESTNUT WAY.