21, CHELMER WAY, ELY, CB6 2WS - £575,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

21 CHELMER WAY is a very large detached house of 175m², built sometime between 2003 and 2006, which could now be worth an estimated £707,899. It was last sold for £575,000 in October 2018, which was around 45% above the average October 2018 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

21 CHELMER WAY Sold Prices

Land registry data shows two sales for 21 CHELMER 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 21 CHELMER 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
2018 2 OCT	£575,000	£397,437	45% above HPI
2004 12 NOV	£295,495	£236,143	25% above HPI

21 CHELMER 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 21 CHELMER WAY sales from November 2004 and October 2018 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 November 2004 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the October 2018 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 21 CHELMER WAY be worth now?

21 CHELMER WAY might now be worth an estimated £707,899.

This is based on house price inflation of 23.1%, between October 2018 and December 2024, for detached houses, in the East Cambridgeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.1% inflationary increase is applied to the most recent sale price for 21 CHELMER WAY of £575,000 on 2nd October 2018. For the value to have increased from £575,000 to £707,899 over the five years and ten months to December 2024, the following assumptions must hold true:

• The value of 21 CHELMER WAY has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The October 2018 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 21 CHELMER WAY has not materially changed since October 2018.

How Large is 21 CHELMER WAY?

21 CHELMER WAY is 175m² according to the EPC inspection conducted in May 2018. This puts it in the largest 20% of detached houses houses in Ely, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ely, and where 21 CHELMER WAY lies on this distribution: 89% of detached houses houses are smaller than 21 CHELMER WAY, and 11% of houses are larger. Note that EPC data is not available for all properties in Ely.

21 CHELMER WAY: Plot and Title Map

21 CHELMER WAY sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 21 CHELMER 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 21 CHELMER 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 21 CHELMER WAY?

21 CHELMER WAY is located in ELY, in the CB6 postcode district. The below map shows the position of No. 21 on CHELMER WAY.