112, MORLEY DRIVE, ELY, CB6 3FQ - £187,500

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.

112 MORLEY DRIVE is a small flat of 51m², built sometime between 2007 and 2011, which could now be worth an estimated £182,493. It was last sold for £187,500 in August 2022, which was around 9% above the average August 2022 flat price in the East Cambridgeshire local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was C.

112 MORLEY DRIVE Sold Prices

Land registry data shows three sales for 112 MORLEY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the East Cambridgeshire local authority area for the corresponding sale date. One of the three 112 MORLEY DRIVE sales was for above the average price, whilst two 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
2022 18 AUG	£187,500	£171,689	9% above HPI
2020 2 OCT	£153,000	£157,857	3% below HPI
2014 7 FEB	£37,500	£116,577	68% below HPI

What might 112 MORLEY DRIVE be worth now?

112 MORLEY DRIVE might now be worth an estimated £182,493.

This is based on house price deflation of 2.7%, between August 2022 and April 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 2.7% deflationary decrease is applied to the most recent sale price for 112 MORLEY DRIVE of £187,500 on 18th August 2022. For the value to have decreased from £187,500 to £182,493 over the four years and four months to April 2026, the following assumptions must hold true:

• The value of 112 MORLEY DRIVE has moved in line with the HPI for flats in the East Cambridgeshire local authority area.
• The August 2022 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 112 MORLEY DRIVE has not materially changed since August 2022.

How Large is 112 MORLEY DRIVE?

112 MORLEY DRIVE is 51m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 30% of flats in Ely, based on EPC data. 25% of flats are smaller than 112 MORLEY DRIVE, and 71% of flats are larger. Note that EPC data is not available for all properties in Ely.

112 MORLEY DRIVE: Plot

112 MORLEY DRIVE sits on a plot of roughly 0.275 of an acre, or 1,111m².

Where is 112 MORLEY DRIVE?

112 MORLEY DRIVE is located in ELY, in the CB6 postcode district.