7, CHELMER WAY, ELY, CB6 2WS - £140,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 CHELMER WAY is a small detached house of 97m², built sometime between 2003 and 2006. It was last sold for £140,000 in March 2009, which was around 37% below the average March 2009 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was January 2009, where the current energy rating was C, and the potential energy rating was C.

7 CHELMER WAY Sold Prices

Land registry data shows two sales for 7 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 7 CHELMER 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
2009 20 MAR	£140,000	£222,722	37% below HPI
2004 2 JUN	£153,500	£206,086	26% below HPI

7 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 7 CHELMER WAY sales from June 2004 and March 2009 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 2004 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2009 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 7 CHELMER WAY?

7 CHELMER WAY is 97m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 30% of detached houses in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where 7 CHELMER WAY lies on this distribution: 27% of detached houses are smaller than 7 CHELMER WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Ely.

7 CHELMER WAY: Plot and Title Map

7 CHELMER WAY sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 7 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 7 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 7 CHELMER WAY?

7 CHELMER WAY is located in ELY, in the CB6 postcode district. The below map shows the position of No. 7 on CHELMER WAY.