41, THE CHASE, ELY, CB6 3BH - £300,000

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

41 THE CHASE is a very small detached house of 86m², built sometime between 1950 and 1966. It was last sold for £300,000 in May 2021, which was around 23% below the average May 2021 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

41 THE CHASE Sold Prices

Land registry data shows two sales for 41 THE CHASE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. One of the two 41 THE CHASE sales was for below the average price, whilst the other was 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
2021 21 MAY	£300,000	£389,191	23% below HPI
2008 19 JUN	£245,000	£246,121	Close to HPI

41 THE CHASE 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 two 41 THE CHASE sales from June 2008 and May 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 June 2008 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 41 THE CHASE?

41 THE CHASE is 86m² according to the EPC inspection conducted in March 2021. 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 41 THE CHASE lies on this distribution: 18% of detached houses are smaller than 41 THE CHASE, and 82% of houses are larger. Note that EPC data is not available for all properties in Ely.

41 THE CHASE: Plot and Title Map

41 THE CHASE sits on a plot of roughly 0.114 of an acre, or 459m². The below map shows the location of 41 THE CHASE, 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 41 THE CHASE). 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 41 THE CHASE?

41 THE CHASE is located in ELY, in the CB6 postcode district. The below map shows the position of No. 41 on THE CHASE.