15, MORLEY DRIVE, ELY, CB6 3FQ - £85,000

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.

15 MORLEY DRIVE is a very small flat of 42m², built sometime between 2007 and 2011, which could now be worth an estimated £130,560. It was last sold for £85,000 in November 2008, which was around 22% below the average November 2008 flat price in the East Cambridgeshire local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was C.

15 MORLEY DRIVE Sold Prices

Land registry data shows two sales for 15 MORLEY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the East Cambridgeshire local authority area for the corresponding sale date. Both of the two 15 MORLEY 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
2008 14 NOV	£85,000	£108,792	22% below HPI
2008 14 NOV	£85,000	£108,792	22% below HPI

What might 15 MORLEY DRIVE be worth now?

15 MORLEY DRIVE might now be worth an estimated £130,560.

This is based on house price inflation of 53.6%, between November 2008 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 53.6% inflationary increase is applied to the most recent sale price for 15 MORLEY DRIVE of £85,000 on 14th November 2008. For the value to have increased from £85,000 to £130,560 over the eighteen years and seven months to April 2026, the following assumptions must hold true:

• The value of 15 MORLEY DRIVE has moved in line with the HPI for flats in the East Cambridgeshire local authority area.
• The November 2008 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MORLEY DRIVE has not materially changed since November 2008.

How Large is 15 MORLEY DRIVE?

15 MORLEY DRIVE is 42m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% of flats in Ely, based on EPC data. 9% of flats are smaller than 15 MORLEY DRIVE, and 90% of flats are larger. Note that EPC data is not available for all properties in Ely.

15 MORLEY DRIVE: Plot

15 MORLEY DRIVE sits on a plot of roughly 0.422 of an acre, or 1,708m².

Where is 15 MORLEY DRIVE?

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