27, CHESTNUT WAY, MEPAL, ELY, CB6 2YP - £230,000

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

27 CHESTNUT WAY is a very small detached house of 78m², built sometime between 1996 and 2002. It was last sold for £230,000 in November 2014, which was around 24% below the average November 2014 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

27 CHESTNUT WAY Sold Prices

Land registry data shows five sales for 27 CHESTNUT WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the five 27 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
2014 13 NOV	£230,000	£301,577	24% below HPI
2012 6 FEB	£197,500	£251,883	22% below HPI
2009 3 DEC	£199,950	£231,859	14% below HPI
2001 21 SEP	£129,950	£151,441	14% below HPI
1998 4 SEP	£94,000	£99,419	5% below HPI

27 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 five 27 CHESTNUT WAY sales between September 1998 and November 2014 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 February 2012 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2014 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 27 CHESTNUT WAY?

27 CHESTNUT WAY is 78m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 10% of detached houses in Mepal, based on EPC data. The below chart shows the distribution of detached houses by size in Mepal, and where 27 CHESTNUT WAY lies on this distribution: 7% of detached houses are smaller than 27 CHESTNUT WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Mepal.

27 CHESTNUT WAY: Plot and Title Map

27 CHESTNUT WAY sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 27 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 27 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 27 CHESTNUT WAY?

27 CHESTNUT WAY is located in MEPAL, in the CB6 postcode district. The below map shows the position of No. 27 on CHESTNUT WAY.