43, CHELMER WAY, ELY, CB6 2WS - £585,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

43 CHELMER WAY is a very large extended detached house of 208m², built sometime between 2003 and 2006, which could now be worth an estimated £749,512. It was last sold for £585,000 in June 2017, which was around 51% above the average June 2017 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was C.

43 CHELMER WAY Sold Prices

Land registry data shows two sales for 43 CHELMER WAY 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. Both of the two 43 CHELMER WAY sales were for 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
2017 2 JUN	£585,000	£388,045	51% above HPI
2005 20 DEC	£250,000	£234,783	6% above HPI

43 CHELMER 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 two 43 CHELMER WAY sales from December 2005 and June 2017 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 December 2005 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the June 2017 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 43 CHELMER WAY be worth now?

43 CHELMER WAY might now be worth an estimated £749,512.

This is based on house price inflation of 28.1%, between June 2017 and February 2025, for detached houses, in the East Cambridgeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.1% inflationary increase is applied to the most recent sale price for 43 CHELMER WAY of £585,000 on 2nd June 2017. For the value to have increased from £585,000 to £749,512 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 43 CHELMER WAY has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The June 2017 sale price of £585,000 represented a fair market value for the property.
• The size, condition, and specification of 43 CHELMER WAY has not materially changed since June 2017.

How Large is 43 CHELMER WAY?

43 CHELMER WAY is 208m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the largest 10% of detached houses houses in Ely, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ely, and where 43 CHELMER WAY lies on this distribution: 96% of detached houses houses are smaller than 43 CHELMER WAY, and 3% of houses are larger. Note that EPC data is not available for all properties in Ely.

43 CHELMER WAY: Plot and Title Map

43 CHELMER WAY sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 43 CHELMER 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 43 CHELMER 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 43 CHELMER WAY?

43 CHELMER WAY is located in ELY, in the CB6 postcode district. The below map shows the position of No. 43 on CHELMER WAY.