4, OAK DRIVE, STRETHAM, ELY, CB6 3FX - £545,000

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.

4 OAK DRIVE is a very large detached house of 260m², which could now be worth an estimated £753,449. It was last sold for £545,000 in February 2016, which was around 52% above the average February 2016 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was October 2011, where the current energy rating was B, and the potential energy rating was B.

4 OAK DRIVE Sold Prices

Land registry data shows two sales for 4 OAK 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. Both of the two 4 OAK DRIVE sales were for above 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
2016 9 FEB	£545,000	£359,623	52% above HPI
2011 5 DEC	£425,000	£260,644	63% above HPI

4 OAK 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 4 OAK DRIVE sales from December 2011 and February 2016 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 2011 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the February 2016 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might 4 OAK DRIVE be worth now?

4 OAK DRIVE might now be worth an estimated £753,449.

This is based on house price inflation of 38.2%, between February 2016 and February 2025, 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 38.2% inflationary increase is applied to the most recent sale price for 4 OAK DRIVE of £545,000 on 9th February 2016. For the value to have increased from £545,000 to £753,449 over the nine years to February 2025, the following assumptions must hold true:

• The value of 4 OAK DRIVE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The February 2016 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of 4 OAK DRIVE has not materially changed since February 2016.

How Large is 4 OAK DRIVE?

4 OAK DRIVE is 260m² according to the EPC inspection conducted in October 2011. This puts it in the largest 10% of detached houses houses in Stretham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stretham, and where 4 OAK DRIVE lies on this distribution: 98% of detached houses houses are smaller than 4 OAK DRIVE, and 2% of houses are larger. Note that EPC data is not available for all properties in Stretham.

4 OAK DRIVE: Plot and Title Map

4 OAK DRIVE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 4 OAK 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 4 OAK 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 4 OAK DRIVE?

4 OAK DRIVE is located in STRETHAM, in the CB6 postcode district. The below map shows the position of No. 4 on OAK DRIVE.