9, CHESTNUT WAY, MEPAL, ELY, CB6 2YP - £259,950

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

9 CHESTNUT WAY is a very small detached house of 84m², built sometime between 1983 and 1990. It was last sold for £259,950 in October 2015, which was around 22% below the average October 2015 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

9 CHESTNUT WAY Sold Prices

Land registry data shows two sales for 9 CHESTNUT 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 9 CHESTNUT 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
2015 30 OCT	£259,950	£335,347	22% below HPI
1998 31 JUL	£89,000	£99,915	11% below HPI

9 CHESTNUT 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 9 CHESTNUT WAY sales from July 1998 and October 2015 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 July 1998 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2015 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 9 CHESTNUT WAY?

9 CHESTNUT WAY is 84m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% of detached houses in Mepal, based on EPC data. The below chart shows the distribution of detached houses by size in Mepal, and where 9 CHESTNUT WAY lies on this distribution: 17% of detached houses are smaller than 9 CHESTNUT WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Mepal.

9 CHESTNUT WAY: Plot and Title Map

9 CHESTNUT WAY sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 9 CHESTNUT 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 9 CHESTNUT 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 9 CHESTNUT WAY?

9 CHESTNUT WAY is located in MEPAL, in the CB6 postcode district. The below map shows the position of No. 9 on CHESTNUT WAY.