42, MORLEY DRIVE, ELY, CB6 3FQ - £440,000

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

42 MORLEY DRIVE is a large detached house of 150m², built sometime from 2007 onwards. It was last sold for £440,000 in May 2016, which was around 26% above the average May 2016 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

42 MORLEY DRIVE Sold Prices

Land registry data shows two sales for 42 MORLEY 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 42 MORLEY 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 13 MAY	£440,000	£348,417	26% above HPI
2008 16 MAY	£294,995	£244,034	21% above HPI

42 MORLEY 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 42 MORLEY DRIVE sales from May 2008 and May 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 May 2008 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the May 2016 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 42 MORLEY DRIVE?

42 MORLEY DRIVE is 150m² according to the EPC inspection conducted in February 2019. This puts it in the largest 30% of detached houses in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where 42 MORLEY DRIVE lies on this distribution: 79% of detached houses are smaller than 42 MORLEY DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Ely.

42 MORLEY DRIVE: Plot and Title Map

42 MORLEY DRIVE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 42 MORLEY 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 42 MORLEY 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 42 MORLEY DRIVE?

42 MORLEY DRIVE is located in ELY, in the CB6 postcode district. The below map shows the position of No. 42 on MORLEY DRIVE.