3, CARDINALS WAY, ELY, CB7 4GF - £399,950

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

3 CARDINALS WAY is a very small extended detached house of 82m², built sometime between 1996 and 2002. It was last sold for £399,950 in February 2016, which was around 15% above the average February 2016 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was June 2015, where the current energy rating was B, and the potential energy rating was A.

3 CARDINALS WAY Sold Prices

Land registry data shows three sales for 3 CARDINALS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the three 3 CARDINALS 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
2016 18 FEB	£399,950	£346,359	15% above HPI
2003 9 DEC	£216,000	£199,614	8% above HPI
2001 25 MAY	£151,500	£138,960	9% above HPI

3 CARDINALS 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 three 3 CARDINALS WAY sales between May 2001 and February 2016 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 December 2003 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the February 2016 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 3 CARDINALS WAY?

3 CARDINALS WAY is 82m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of detached houses in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where 3 CARDINALS WAY lies on this distribution: 14% of detached houses are smaller than 3 CARDINALS WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Ely.

3 CARDINALS WAY: Plot and Title Map

3 CARDINALS WAY sits on a plot of roughly 0.034 of an acre, or 137m². The below map shows the location of 3 CARDINALS 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 3 CARDINALS 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 3 CARDINALS WAY?

3 CARDINALS WAY is located in ELY, in the CB7 postcode district. The below map shows the position of No. 3 on CARDINALS WAY.