44, CHESTNUT WAY, MEPAL, ELY, CB6 2YR - £260,000

44 CHESTNUT WAY is a very small detached house of 69m², built sometime between 1996 and 2002. It was last sold for £260,000 in May 2016, which was around 25% below the average May 2016 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

44 CHESTNUT WAY Sold Prices

Land registry data shows three sales for 44 CHESTNUT WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the three 44 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
2016 12 MAY	£260,000	£348,417	25% below HPI
2005 3 MAY	£194,000	£224,528	14% below HPI
1999 19 FEB	£94,000	£102,177	8% below HPI

44 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 three 44 CHESTNUT WAY sales between February 1999 and May 2016 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 May 2005 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 44 CHESTNUT WAY?

44 CHESTNUT WAY is 69m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 10% of detached houses in Mepal, based on EPC data. The below chart shows the distribution of detached houses by size in Mepal, and where 44 CHESTNUT WAY lies on this distribution: 1% of detached houses are smaller than 44 CHESTNUT WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Mepal.

44 CHESTNUT WAY: Plot and Title Map

44 CHESTNUT WAY sits on a plot of roughly 0.112 of an acre, or 451m². The below map shows the location of 44 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 44 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 44 CHESTNUT WAY?

44 CHESTNUT WAY is located in MEPAL, in the CB6 postcode district. The below map shows the position of No. 44 on CHESTNUT WAY.