1, ELM WAY, WILLINGHAM, CAMBRIDGE, CB24 5JS - £365,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 ELM WAY is a midsized extended detached house of 117m², built sometime between 1983 and 1990, which could now be worth an estimated £400,774. It was last sold for £365,000 in August 2019, which was around 35% below the average August 2019 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

1 ELM WAY Sold Prices

Land registry data shows two sales for 1 ELM 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 South Cambridgeshire local authority area for the corresponding sale date. Both of the two 1 ELM 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 1 AUG	£365,000	£557,414	35% below HPI
2003 17 OCT	£237,500	£287,619	17% below HPI

1 ELM WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Cambridgeshire local authority area over time, sourced from the HPI. The two 1 ELM WAY sales from October 2003 and August 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 October 2003 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2019 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 1 ELM WAY be worth now?

1 ELM WAY might now be worth an estimated £400,774.

This is based on house price inflation of 9.8%, between August 2019 and May 2026, for detached houses, in the South Cambridgeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.8% inflationary increase is applied to the most recent sale price for 1 ELM WAY of £365,000 on 1st August 2019. For the value to have increased from £365,000 to £400,774 over the seven years and three months to May 2026, the following assumptions must hold true:

• The value of 1 ELM WAY has moved in line with the HPI for detached houses in the South Cambridgeshire local authority area.
• The August 2019 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ELM WAY has not materially changed since August 2019.

How Large is 1 ELM WAY?

1 ELM WAY is 117m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the smallest 50% of detached houses houses in Willingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Willingham, and where 1 ELM WAY lies on this distribution: 42% of detached houses houses are smaller than 1 ELM WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Willingham.

1 ELM WAY: Plot and Title Map

1 ELM WAY sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 1 ELM 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 1 ELM 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 1 ELM WAY?

1 ELM WAY is located in WILLINGHAM, in the CB24 postcode district. The below map shows the position of No. 1 on ELM WAY.