31, CHESTNUT DRIVE, SOHAM, ELY, CB7 5FW - £103,000

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.

31 CHESTNUT DRIVE is a very small flat of 42m², built sometime between 1983 and 1990, which could now be worth an estimated £125,585. It was last sold for £103,000 in October 2015, which was around 27% below the average October 2015 flat price in the East Cambridgeshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was B, and the potential energy rating was B.

31 CHESTNUT DRIVE Sold Prices

Land registry data shows four sales for 31 CHESTNUT DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the East Cambridgeshire local authority area for the corresponding sale date. All of the four 31 CHESTNUT 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
2015 2 OCT	£103,000	£140,450	27% below HPI
2004 1 JUL	£79,950	£99,853	20% below HPI
2004 9 JAN	£73,000	£94,220	23% below HPI
1997 25 APR	£27,500	£35,773	23% below HPI

What might 31 CHESTNUT DRIVE be worth now?

31 CHESTNUT DRIVE might now be worth an estimated £125,585.

This is based on house price inflation of 21.9%, between October 2015 and May 2026, for flats, 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 21.9% inflationary increase is applied to the most recent sale price for 31 CHESTNUT DRIVE of £103,000 on 2nd October 2015. For the value to have increased from £103,000 to £125,585 over the eleven years and five months to May 2026, the following assumptions must hold true:

• The value of 31 CHESTNUT DRIVE has moved in line with the HPI for flats in the East Cambridgeshire local authority area.
• The October 2015 sale price of £103,000 represented a fair market value for the property.
• The size, condition, and specification of 31 CHESTNUT DRIVE has not materially changed since October 2015.

How Large is 31 CHESTNUT DRIVE?

31 CHESTNUT DRIVE is 42m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of flats in Soham, based on EPC data. 15% of flats are smaller than 31 CHESTNUT DRIVE, and 84% of flats are larger. Note that EPC data is not available for all properties in Soham.

31 CHESTNUT DRIVE: Plot

31 CHESTNUT DRIVE sits on a plot of roughly 0.372 of an acre, or 1,507m².

Where is 31 CHESTNUT DRIVE?

31 CHESTNUT DRIVE is located in SOHAM, in the CB7 postcode district.