8, CHELMER WAY, ELY, CB6 2WS - £365,000

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

8 CHELMER WAY is a midsized extended detached house of 109m², built sometime between 2003 and 2006. It was last sold for £365,000 in February 2019, which was around 3% below the average February 2019 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

8 CHELMER WAY Sold Prices

Land registry data shows two sales for 8 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 8 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
2019 15 FEB	£365,000	£374,885	3% below HPI
2004 30 APR	£194,000	£205,793	6% below HPI

8 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 8 CHELMER WAY sales from April 2004 and February 2019 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 April 2004 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2019 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 8 CHELMER WAY?

8 CHELMER WAY is 109m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 50% of detached houses in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where 8 CHELMER WAY lies on this distribution: 41% of detached houses are smaller than 8 CHELMER WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Ely.

8 CHELMER WAY: Plot and Title Map

8 CHELMER WAY sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 8 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 8 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 8 CHELMER WAY?

8 CHELMER WAY is located in ELY, in the CB6 postcode district. The below map shows the position of No. 8 on CHELMER WAY.