9, JAMES ESSEX DRIVE, ELY, CB6 1BX - £440,000

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.

9 JAMES ESSEX DRIVE is a very small detached house of 82m², built sometime between 1976 and 1982, which could now be worth an estimated £473,434. It was last sold for £440,000 in August 2022, which was around 5% below the average August 2022 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

9 JAMES ESSEX DRIVE Sold Prices

Land registry data shows three sales for 9 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. Two of the three 9 JAMES ESSEX DRIVE sales were for below the average price, whilst one was 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
2022 16 AUG	£440,000	£462,060	5% below HPI
2018 14 DEC	£340,000	£394,448	14% below HPI
1995 14 JUL	£85,500	£80,502	6% above HPI

9 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 9 JAMES ESSEX DRIVE sales between July 1995 and August 2022 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 2018 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 9 JAMES ESSEX DRIVE be worth now?

9 JAMES ESSEX DRIVE might now be worth an estimated £473,434.

This is based on house price inflation of 7.6%, between August 2022 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 7.6% inflationary increase is applied to the most recent sale price for 9 JAMES ESSEX DRIVE of £440,000 on 16th August 2022. For the value to have increased from £440,000 to £473,434 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 9 JAMES ESSEX DRIVE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The August 2022 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 9 JAMES ESSEX DRIVE has not materially changed since August 2022.

How Large is 9 JAMES ESSEX DRIVE?

9 JAMES ESSEX DRIVE is 82m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 20% 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 9 JAMES ESSEX DRIVE lies on this distribution: 14% of detached houses houses are smaller than 9 JAMES ESSEX DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Ely.

9 JAMES ESSEX DRIVE: Plot and Title Map

9 JAMES ESSEX DRIVE sits on a plot of roughly 0.149 of an acre, or 604m². The below map shows the location of 9 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 9 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 9 JAMES ESSEX DRIVE?

9 JAMES ESSEX DRIVE is located in ELY, in the CB6 postcode district. The below map shows the position of No. 9 on JAMES ESSEX DRIVE.