23, MORLEY DRIVE, ELY, CB6 3FQ - £110,000

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.

23 MORLEY DRIVE is a very small flat of 42m², built sometime from 2007 onwards, which could now be worth an estimated £169,853. It was last sold for £110,000 in April 2012, which was around 2% above the average April 2012 flat price in the East Cambridgeshire local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, and the potential energy rating was C.

23 MORLEY DRIVE Sold Prices

Land registry data shows two sales for 23 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. One of the two 23 MORLEY DRIVE sales was for above the average price, whilst the other was 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
2012 20 APR	£110,000	£108,220	2% above HPI
2008 7 NOV	£103,545	£108,792	5% below HPI

What might 23 MORLEY DRIVE be worth now?

23 MORLEY DRIVE might now be worth an estimated £169,853.

This is based on house price inflation of 54.4%, between April 2012 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 54.4% inflationary increase is applied to the most recent sale price for 23 MORLEY DRIVE of £110,000 on 20th April 2012. For the value to have increased from £110,000 to £169,853 over the fourteen years to April 2026, the following assumptions must hold true:

• The value of 23 MORLEY DRIVE has moved in line with the HPI for flats in the East Cambridgeshire local authority area.
• The April 2012 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 23 MORLEY DRIVE has not materially changed since April 2012.

How Large is 23 MORLEY DRIVE?

23 MORLEY DRIVE is 42m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 20% of flats in Ely, based on EPC data. 10% of flats are smaller than 23 MORLEY DRIVE, and 90% of flats are larger. Note that EPC data is not available for all properties in Ely.

23 MORLEY DRIVE: Plot

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

Where is 23 MORLEY DRIVE?

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