24, CHESTNUT WAY, MEPAL, ELY, CB6 2YR - £205,000

24 CHESTNUT WAY is a small detached house of 86m², built sometime between 1996 and 2002. It was last sold for £205,000 in May 2013, which was around 19% below the average May 2013 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

24 CHESTNUT WAY Sold Prices

Land registry data shows two sales for 24 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 24 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
2013 10 MAY	£205,000	£253,785	19% below HPI
1999 25 JUN	£94,000	£105,980	11% below HPI

24 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 24 CHESTNUT WAY sales from June 1999 and May 2013 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 1999 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2013 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 24 CHESTNUT WAY?

24 CHESTNUT WAY is 86m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 30% of detached houses in Mepal, based on EPC data. The below chart shows the distribution of detached houses by size in Mepal, and where 24 CHESTNUT WAY lies on this distribution: 23% of detached houses are smaller than 24 CHESTNUT WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Mepal.

24 CHESTNUT WAY: Plot and Title Map

24 CHESTNUT WAY sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 24 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 24 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 24 CHESTNUT WAY?

24 CHESTNUT WAY is located in MEPAL, in the CB6 postcode district. The below map shows the position of No. 24 on CHESTNUT WAY.