38, MEADOW WAY, ELY, CB6 3EX - £269,950

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

38 MEADOW WAY is a small extended detached house of 103m², built sometime between 2003 and 2006. It was last sold for £269,950 in March 2015, which was around 11% below the average March 2015 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

38 MEADOW WAY Sold Prices

Land registry data shows four sales for 38 MEADOW 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 MEADOW 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
2015 20 MAR	£269,950	£303,641	11% below HPI
2008 2 JUL	£215,000	£254,331	15% below HPI
2006 20 JUL	£218,000	£229,530	5% below HPI
2006 17 MAR	£210,000	£218,213	4% below HPI

38 MEADOW 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 MEADOW WAY sales between March 2006 and March 2015 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 2008 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2015 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 38 MEADOW WAY?

38 MEADOW WAY is 103m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 40% 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 MEADOW WAY lies on this distribution: 34% of detached houses are smaller than 38 MEADOW WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Ely.

38 MEADOW WAY: Plot and Title Map

38 MEADOW WAY sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 38 MEADOW 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 MEADOW 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 MEADOW WAY?

38 MEADOW WAY is located in ELY, in the CB6 postcode district. The below map shows the position of No. 38 on MEADOW WAY.