28, CHESTNUT WAY, MEPAL, ELY, CB6 2YR - £295,000

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

28 CHESTNUT WAY is a very small detached house of 81m², built sometime between 1996 and 2002. It was last sold for £295,000 in December 2019, which was around 23% below the average December 2019 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

28 CHESTNUT WAY Sold Prices

Land registry data shows four sales for 28 CHESTNUT WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. The four 28 CHESTNUT WAY sales were a mix of below the average price, and roughly equal to 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 2 DEC	£295,000	£383,702	23% below HPI
2012 12 JUL	£189,950	£247,582	23% below HPI
1999 22 DEC	£114,995	£114,737	Close to HPI
1999 23 APR	£94,000	£100,481	6% below HPI

28 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 four 28 CHESTNUT WAY sales between April 1999 and December 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 2012 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2019 sale, which was also at 23% below the HPI.

How Large is 28 CHESTNUT WAY?

28 CHESTNUT WAY is 81m² according to the EPC inspection conducted in March 2012. 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 28 CHESTNUT WAY lies on this distribution: 9% of detached houses are smaller than 28 CHESTNUT WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Mepal.

28 CHESTNUT WAY: Plot and Title Map

28 CHESTNUT WAY sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 28 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 28 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 28 CHESTNUT WAY?

28 CHESTNUT WAY is located in MEPAL, in the CB6 postcode district. The below map shows the position of No. 28 on CHESTNUT WAY.