34, CHESTNUT WAY, MEPAL, ELY, CB6 2YR - £270,000

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

34 CHESTNUT WAY is a very small detached house of 81m², built sometime between 1996 and 2002. It was last sold for £270,000 in November 2016, which was around 26% below the average November 2016 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

34 CHESTNUT WAY Sold Prices

Land registry data shows three sales for 34 CHESTNUT 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 34 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
2016 4 NOV	£270,000	£364,030	26% below HPI
2004 2 APR	£179,950	£205,793	13% below HPI
1999 9 APR	£94,000	£100,481	6% below HPI

34 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 three 34 CHESTNUT WAY sales between April 1999 and November 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 April 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2016 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 34 CHESTNUT WAY?

34 CHESTNUT WAY is 81m² according to the EPC inspection conducted in September 2016. 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 34 CHESTNUT WAY lies on this distribution: 9% of detached houses are smaller than 34 CHESTNUT WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Mepal.

34 CHESTNUT WAY: Plot and Title Map

34 CHESTNUT WAY sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 34 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 34 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 34 CHESTNUT WAY?

34 CHESTNUT WAY is located in MEPAL, in the CB6 postcode district. The below map shows the position of No. 34 on CHESTNUT WAY.