15, MONARCH WAY, ELY, CB7 4JP - £515,000

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 MONARCH WAY is a large detached house of 128m². It was last sold for £515,000 in December 2022, which was around 15% above the average December 2022 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was May 2019, where the current energy rating was B, and the potential energy rating was A.

15 MONARCH WAY Sold Prices

Land registry data shows two sales for 15 MONARCH 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 MONARCH WAY 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
2022 20 DEC	£515,000	£449,460	15% above HPI
2020 13 MAR	£489,950	£387,223	27% above HPI

15 MONARCH 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 MONARCH WAY sales from March 2020 and December 2022 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 2020 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the December 2022 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 15 MONARCH WAY?

15 MONARCH WAY is 128m² according to the EPC inspection conducted in May 2019. This puts it in the largest 40% of detached houses in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where 15 MONARCH WAY lies on this distribution: 61% of detached houses are smaller than 15 MONARCH WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Ely.

15 MONARCH WAY: Plot and Title Map

15 MONARCH WAY sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 15 MONARCH 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 MONARCH 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 MONARCH WAY?

15 MONARCH WAY is located in ELY, in the CB7 postcode district. The below map shows the position of No. 15 on MONARCH WAY.