5, JAMES ESSEX DRIVE, ELY, CB6 1BX - £382,000

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

5 JAMES ESSEX DRIVE is a small extended detached house of 104m², built sometime between 1976 and 1982. It was last sold for £382,000 in March 2024, which was around 20% below the average March 2024 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

5 JAMES ESSEX DRIVE Sold Prices

Land registry data shows three sales for 5 JAMES ESSEX DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the three 5 JAMES ESSEX DRIVE sales were 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
2024 15 MAR	£382,000	£477,403	20% below HPI
2016 11 MAR	£270,000	£347,890	22% below HPI
2008 18 MAR	£185,000	£250,418	26% below HPI

5 JAMES ESSEX 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 three 5 JAMES ESSEX DRIVE sales between March 2008 and March 2024 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 March 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2024 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 5 JAMES ESSEX DRIVE?

5 JAMES ESSEX DRIVE is 104m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the smallest 40% of detached houses in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where 5 JAMES ESSEX DRIVE lies on this distribution: 35% of detached houses are smaller than 5 JAMES ESSEX DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Ely.

5 JAMES ESSEX DRIVE: Plot and Title Map

5 JAMES ESSEX DRIVE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 5 JAMES ESSEX 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 5 JAMES ESSEX 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 5 JAMES ESSEX DRIVE?

5 JAMES ESSEX DRIVE is located in ELY, in the CB6 postcode district. The below map shows the position of No. 5 on JAMES ESSEX DRIVE.