51, THE CHASE, ELY, CB6 3BH - £260,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

51 THE CHASE is a very small semi-detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £318,865. It was last sold for £260,000 in February 2021, which was around 3% below the average February 2021 semi-detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was B.

51 THE CHASE Sold Prices

Land registry data shows three sales for 51 THE CHASE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Cambridgeshire local authority area for the corresponding sale date. Two of the three 51 THE CHASE sales were for below the average price, whilst one was 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
2021 19 FEB	£260,000	£268,714	3% below HPI
2010 9 JUN	£181,000	£165,975	9% above HPI
1995 30 JAN	£16,414	£53,204	69% below HPI

51 THE CHASE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The three 51 THE CHASE sales between January 1995 and February 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 2010 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the February 2021 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 51 THE CHASE be worth now?

51 THE CHASE might now be worth an estimated £318,865.

This is based on house price inflation of 22.6%, between February 2021 and December 2024, for semi-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 22.6% inflationary increase is applied to the most recent sale price for 51 THE CHASE of £260,000 on 19th February 2021. For the value to have increased from £260,000 to £318,865 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 51 THE CHASE has moved in line with the HPI for semi-detached houses in the East Cambridgeshire local authority area.
• The February 2021 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 51 THE CHASE has not materially changed since February 2021.

How Large is 51 THE CHASE?

51 THE CHASE is 72m² according to the EPC inspection conducted in December 2020. This puts it in the smallest 10% of semi-detached houses houses in Ely, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ely, and where 51 THE CHASE lies on this distribution: 6% of semi-detached houses houses are smaller than 51 THE CHASE, and 93% of houses are larger. Note that EPC data is not available for all properties in Ely.

51 THE CHASE: Plot and Title Map

51 THE CHASE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 51 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 51 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 51 THE CHASE?

51 THE CHASE is located in ELY, in the CB6 postcode district. The below map shows the position of No. 51 on THE CHASE.