8, CHERRY DRIVE, ELY, CB6 2FP - £575,000

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.

8 CHERRY DRIVE is a very large detached house of 200m², built in 2022, which could now be worth an estimated £612,073. It was last sold for £575,000 in September 2024, which was around 23% above the average September 2024 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was February 2022, where the current energy rating was B, and the potential energy rating was A.

8 CHERRY DRIVE Sold Prices

Land registry data shows two sales for 8 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. Both of the two 8 CHERRY 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
2024 27 SEP	£575,000	£467,057	23% above HPI
2023 10 MAR	£525,000	£458,762	14% above HPI

8 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 8 CHERRY DRIVE sales from March 2023 and September 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 2023 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the September 2024 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 8 CHERRY DRIVE be worth now?

8 CHERRY DRIVE might now be worth an estimated £612,073.

This is based on house price inflation of 6.4%, between September 2024 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 6.4% inflationary increase is applied to the most recent sale price for 8 CHERRY DRIVE of £575,000 on 27th September 2024. For the value to have increased from £575,000 to £612,073 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 8 CHERRY DRIVE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The September 2024 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHERRY DRIVE has not materially changed since September 2024.

How Large is 8 CHERRY DRIVE?

8 CHERRY DRIVE is 200m² according to the EPC inspection conducted in February 2022. This puts it in the largest 10% of detached houses houses in Ely, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ely, and where 8 CHERRY DRIVE lies on this distribution: 95% of detached houses houses are smaller than 8 CHERRY DRIVE, and 5% of houses are larger. Note that EPC data is not available for all properties in Ely.

8 CHERRY DRIVE: Plot and Title Map

8 CHERRY DRIVE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 8 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 8 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 8 CHERRY DRIVE?

8 CHERRY DRIVE is located in ELY, in the CB6 postcode district. The below map shows the position of No. 8 on CHERRY DRIVE.