THE ELMS, HIGH STREET, MEPAL, ELY, CB6 2AW - £318,000

THE ELMS is a large detached house of 97m², built sometime between 1967 and 1975. It was last sold for £318,000 in August 2017, which was around 14% below the average August 2017 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was October 2016, where the current energy rating was F, and the potential energy rating was C.

THE ELMS Sold Prices

Land registry data shows two sales for THE ELMS 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 THE ELMS 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 10 AUG	£318,000	£371,659	14% below HPI
2017 9 JAN	£30,000	£365,383	92% below HPI

THE ELMS 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 THE ELMS sales from January 2017 and August 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 January 2017 sale was for 92% below the HPI. So the extrapolation line tracks at 92% below the HPI over time, until the August 2017 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is THE ELMS?

THE ELMS is 97m² according to the EPC inspection conducted in October 2016. This puts it in the largest 40% of detached houses in Mepal, based on EPC data. The below chart shows the distribution of detached houses by size in Mepal, and where THE ELMS lies on this distribution: 60% of detached houses are smaller than THE ELMS, and 39% of houses are larger. Note that EPC data is not available for all properties in Mepal.

THE ELMS: Plot and Title Map

THE ELMS sits on a plot of roughly 0.208 of an acre, or 844m². The below map shows the location of THE ELMS, 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 THE ELMS). 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 THE ELMS?

THE ELMS is located on HIGH STREET in MEPAL, in the CB6 postcode district. The below map shows the position of THE ELMS on HIGH STREET.