5, CHERRY DRIVE, ELY, CB6 2FP - £495,000

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.

5 CHERRY DRIVE is a very large terraced house of 200m², built in 2023, which could now be worth an estimated £530,650. It was last sold for £495,000 in March 2023, which was around 96% above the average March 2023 terraced price in the East Cambridgeshire local authority area. The most recent EPC inspection was February 2023, where the current energy rating was B, and the potential energy rating was A.

5 CHERRY DRIVE Sold Prices

Land registry data shows one sale for 5 CHERRY DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2023 3 MAR	£495,000	£252,432	96% above HPI

What might 5 CHERRY DRIVE be worth now?

5 CHERRY DRIVE might now be worth an estimated £530,650.

This is based on house price inflation of 7.2%, between March 2023 and April 2026, for terraced 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 7.2% inflationary increase is applied to the most recent sale price for 5 CHERRY DRIVE of £495,000 on 3rd March 2023. For the value to have increased from £495,000 to £530,650 over the two years and eleven months to April 2026, the following assumptions must hold true:

• The value of 5 CHERRY DRIVE has moved in line with the HPI for terraced houses in the East Cambridgeshire local authority area.
• The March 2023 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHERRY DRIVE has not materially changed since March 2023.

How Large is 5 CHERRY DRIVE?

5 CHERRY DRIVE is 200m² according to the EPC inspection conducted in February 2023. This puts it in the largest 10% of terraced houses in Ely, based on EPC data. The below chart shows the distribution of terraced houses by size in Ely, and where 5 CHERRY DRIVE lies on this distribution: More than 99% of terraced houses are smaller than 5 CHERRY DRIVE, and less than 1% of terraced houses are larger. Note that EPC data is not available for all properties in Ely.

5 CHERRY DRIVE: Plot

5 CHERRY DRIVE sits on a plot of roughly 41.8 acres, or 169,003m².

Where is 5 CHERRY DRIVE?

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