38, MEADOW WAY, ELY, CB6 3EX - £269,950

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.

38 MEADOW WAY is a small extended detached house of 103m², built sometime between 2003 and 2006, which could now be worth an estimated £413,393. It was last sold for £269,950 in March 2015, which was around 14% below the average March 2015 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

38 MEADOW WAY Sold Prices

Land registry data shows four sales for 38 MEADOW WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the four 38 MEADOW 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 20 MAR	£269,950	£315,269	14% below HPI
2008 2 JUL	£215,000	£264,070	19% below HPI
2006 20 JUL	£218,000	£238,319	9% below HPI
2006 17 MAR	£210,000	£226,570	7% below HPI

38 MEADOW 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 four 38 MEADOW WAY sales between March 2006 and March 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 2008 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2015 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 38 MEADOW WAY be worth now?

38 MEADOW WAY might now be worth an estimated £413,393.

This is based on house price inflation of 53.1%, between March 2015 and April 2026, for detached houses, in the East Cambridgeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53.1% inflationary increase is applied to the most recent sale price for 38 MEADOW WAY of £269,950 on 20th March 2015. For the value to have increased from £269,950 to £413,393 over the ten years and eleven months to April 2026, the following assumptions must hold true:

• The value of 38 MEADOW WAY has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The March 2015 sale price of £269,950 represented a fair market value for the property.
• The size, condition, and specification of 38 MEADOW WAY has not materially changed since March 2015.

How Large is 38 MEADOW WAY?

38 MEADOW WAY is 103m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 40% of detached houses houses in Ely, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ely, and where 38 MEADOW WAY lies on this distribution: 33% of detached houses houses are smaller than 38 MEADOW WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Ely.

38 MEADOW WAY: Plot and Title Map

38 MEADOW WAY sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 38 MEADOW 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 38 MEADOW 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 38 MEADOW WAY?

38 MEADOW WAY is located in ELY, in the CB6 postcode district. The below map shows the position of No. 38 on MEADOW WAY.