42, CHAPEL LANE, WICKEN, ELY, CB7 5XZ - £230,000

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

42 CHAPEL LANE is a small extended detached house of 131m², built sometime between 1996 and 2002. It was last sold for £230,000 in October 2004, which was about the average October 2004 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

42 CHAPEL LANE Sold Prices

Land registry data shows three sales for 42 CHAPEL LANE 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. The three 42 CHAPEL LANE sales were a mix of roughly equal to the average price, and 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
2004 26 OCT	£230,000	£229,206	Close to HPI
2001 7 MAR	£145,000	£131,568	10% above HPI
2000 20 APR	£129,950	£125,617	3% above HPI

42 CHAPEL LANE 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 42 CHAPEL LANE sales between April 2000 and October 2004 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 March 2001 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2004 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 42 CHAPEL LANE?

42 CHAPEL LANE is 131m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% of detached houses in Wicken, based on EPC data. The below chart shows the distribution of detached houses by size in Wicken, and where 42 CHAPEL LANE lies on this distribution: 32% of detached houses are smaller than 42 CHAPEL LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Wicken.

42 CHAPEL LANE: Plot and Title Map

42 CHAPEL LANE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 42 CHAPEL LANE, 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 42 CHAPEL LANE). 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 42 CHAPEL LANE?

42 CHAPEL LANE is located in WICKEN, in the CB7 postcode district. The below map shows the position of No. 42 on CHAPEL LANE.