38, HENLEY WAY, ELY, CB7 4YJ - £370,000

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

38 HENLEY WAY is a small extended detached house of 93m², built sometime between 1996 and 2002. It was last sold for £370,000 in October 2021, which was around 11% below the average October 2021 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

38 HENLEY WAY Sold Prices

Land registry data shows four sales for 38 HENLEY 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. All of the four 38 HENLEY 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
2021 29 OCT	£370,000	£413,418	11% below HPI
2014 31 OCT	£250,000	£305,091	18% below HPI
2009 16 DEC	£208,000	£231,859	10% below HPI
1998 28 AUG	£91,995	£98,299	6% below HPI

38 HENLEY 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 38 HENLEY WAY sales between August 1998 and October 2021 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 October 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 38 HENLEY WAY?

38 HENLEY WAY is 93m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the smallest 30% of detached houses in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where 38 HENLEY WAY lies on this distribution: 23% of detached houses are smaller than 38 HENLEY WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Ely.

38 HENLEY WAY: Plot and Title Map

38 HENLEY WAY sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 38 HENLEY 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 38 HENLEY 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 38 HENLEY WAY?

38 HENLEY WAY is located in ELY, in the CB7 postcode district. The below map shows the position of No. 38 on HENLEY WAY.