27, CHERRY DRIVE, ELY, CB6 2FP - £470,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

27 CHERRY DRIVE is a midsized detached house of 112m², built in 2022. It was last sold for £470,000 in June 2023, which was around 7% above the average June 2023 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was November 2022, where the current energy rating was B, and the potential energy rating was A.

27 CHERRY DRIVE Sold Prices

Land registry data shows two sales for 27 CHERRY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. One of the two 27 CHERRY 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
2023 19 JUN	£470,000	£438,357	7% above HPI
2022 2 DEC	£445,000	£449,460	1% below HPI

27 CHERRY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The two 27 CHERRY DRIVE sales from December 2022 and June 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2022 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2023 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 27 CHERRY DRIVE?

27 CHERRY DRIVE is 112m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 50% of detached houses in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where 27 CHERRY DRIVE lies on this distribution: 43% of detached houses are smaller than 27 CHERRY DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Ely.

27 CHERRY DRIVE: Plot and Title Map

27 CHERRY DRIVE sits on a plot of roughly 0.062 of an acre, or 253m². The below map shows the location of 27 CHERRY DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 27 CHERRY DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 27 CHERRY DRIVE?

27 CHERRY DRIVE is located in ELY, in the CB6 postcode district. The below map shows the position of No. 27 on CHERRY DRIVE.