2, OAK FARM DRIVE, LITTLE DOWNHAM, ELY, CB6 2EA - £205,000

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.

2 OAK FARM DRIVE is a very small terraced house of 62m², built sometime between 2007 and 2011, which could now be worth an estimated £231,229. It was last sold for £205,000 in October 2020, which was around 12% below the average October 2020 terraced price in the East Cambridgeshire local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

2 OAK FARM DRIVE Sold Prices

Land registry data shows three sales for 2 OAK FARM DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the East Cambridgeshire local authority area for the corresponding sale date. All of the three 2 OAK FARM DRIVE 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
2020 16 OCT	£205,000	£234,037	12% below HPI
2017 10 MAR	£175,000	£213,543	18% below HPI
2007 20 DEC	£139,950	£159,075	12% below HPI

2 OAK FARM DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The three 2 OAK FARM DRIVE sales between December 2007 and October 2020 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 March 2017 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2020 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 2 OAK FARM DRIVE be worth now?

2 OAK FARM DRIVE might now be worth an estimated £231,229.

This is based on house price inflation of 12.8%, between October 2020 and June 2025, for terraced 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 12.8% inflationary increase is applied to the most recent sale price for 2 OAK FARM DRIVE of £205,000 on 16th October 2020. For the value to have increased from £205,000 to £231,229 over the five years and four months to June 2025, the following assumptions must hold true:

• The value of 2 OAK FARM DRIVE has moved in line with the HPI for terraced houses in the East Cambridgeshire local authority area.
• The October 2020 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OAK FARM DRIVE has not materially changed since October 2020.

How Large is 2 OAK FARM DRIVE?

2 OAK FARM DRIVE is 62m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of terraced houses houses in Little Downham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Little Downham, and where 2 OAK FARM DRIVE lies on this distribution: 3% of terraced houses houses are smaller than 2 OAK FARM DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Little Downham.

2 OAK FARM DRIVE: Plot and Title Map

2 OAK FARM DRIVE sits on a plot of roughly 0.024 of an acre, or 99m². The below map shows the location of 2 OAK FARM DRIVE, 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 2 OAK FARM DRIVE). 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 2 OAK FARM DRIVE?

2 OAK FARM DRIVE is located in LITTLE DOWNHAM, in the CB6 postcode district. The below map shows the position of No. 2 on OAK FARM DRIVE.