2, CHERRY DRIVE, ELY, CB6 2FP - £500,000

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 CHERRY DRIVE is a very large detached house of 200m², built in 2022, which could now be worth an estimated £549,521. It was last sold for £500,000 in March 2022, which was around 14% above the average March 2022 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was February 2022, where the current energy rating was B, and the potential energy rating was A.

2 CHERRY DRIVE Sold Prices

Land registry data shows one sale for 2 CHERRY DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 11 MAR	£500,000	£439,285	14% above HPI

What might 2 CHERRY DRIVE be worth now?

2 CHERRY DRIVE might now be worth an estimated £549,521.

This is based on house price inflation of 9.9%, between March 2022 and April 2026, for detached 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 9.9% inflationary increase is applied to the most recent sale price for 2 CHERRY DRIVE of £500,000 on 11th March 2022. For the value to have increased from £500,000 to £549,521 over the three years and eleven months to April 2026, the following assumptions must hold true:

• The value of 2 CHERRY DRIVE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The March 2022 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHERRY DRIVE has not materially changed since March 2022.

How Large is 2 CHERRY DRIVE?

2 CHERRY DRIVE is 200m² according to the EPC inspection conducted in February 2022. This puts it in the largest 10% of detached houses in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where 2 CHERRY DRIVE lies on this distribution: 95% of detached houses are smaller than 2 CHERRY DRIVE, and 5% of detached houses are larger. Note that EPC data is not available for all properties in Ely.

2 CHERRY DRIVE: Plot

2 CHERRY DRIVE sits on a plot of roughly 0.069 of an acre, or 278m².

Where is 2 CHERRY DRIVE?

2 CHERRY DRIVE is located in ELY, in the CB6 postcode district.