47, MEADOW WAY, MEPAL, ELY, CB6 2GH - £340,000

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

47 MEADOW WAY is a midsized detached house of 90m², built sometime between 1996 and 2002. It was last sold for £340,000 in February 2022, which was around 19% below the average February 2022 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

47 MEADOW WAY Sold Prices

Land registry data shows four sales for 47 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 47 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
2022 24 FEB	£340,000	£418,223	19% below HPI
2021 3 MAR	£318,500	£396,015	20% below HPI
2017 17 JUL	£265,000	£373,624	29% below HPI
2000 27 OCT	£109,000	£131,352	17% below HPI

47 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 47 MEADOW WAY sales between October 2000 and February 2022 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 2021 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 47 MEADOW WAY?

47 MEADOW WAY is 90m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 50% of detached houses in Mepal, based on EPC data. The below chart shows the distribution of detached houses by size in Mepal, and where 47 MEADOW WAY lies on this distribution: 43% of detached houses are smaller than 47 MEADOW WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Mepal.

47 MEADOW WAY: Plot and Title Map

47 MEADOW WAY sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 47 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 47 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 47 MEADOW WAY?

47 MEADOW WAY is located in MEPAL, in the CB6 postcode district. The below map shows the position of No. 47 on MEADOW WAY.