5, CHESTNUT WAY, MEPAL, ELY, CB6 2YP - £283,500

5 CHESTNUT WAY is a very small detached house of 69m², built sometime between 1996 and 2002. It was last sold for £283,500 in May 2017, which was around 23% below the average May 2017 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

5 CHESTNUT WAY Sold Prices

Land registry data shows four sales for 5 CHESTNUT 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 5 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
2017 24 MAY	£283,500	£369,758	23% below HPI
2015 29 OCT	£245,000	£335,347	27% below HPI
2010 10 NOV	£220,000	£246,470	11% below HPI
1998 17 AUG	£94,000	£98,299	4% below HPI

5 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 four 5 CHESTNUT WAY sales between August 1998 and May 2017 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 2015 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2017 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 5 CHESTNUT WAY?

5 CHESTNUT WAY is 69m² according to the EPC inspection conducted in May 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 5 CHESTNUT WAY lies on this distribution: 2% of detached houses are smaller than 5 CHESTNUT WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Mepal.

5 CHESTNUT WAY: Plot and Title Map

5 CHESTNUT WAY sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 5 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 5 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 5 CHESTNUT WAY?

5 CHESTNUT WAY is located in MEPAL, in the CB6 postcode district. The below map shows the position of No. 5 on CHESTNUT WAY.