118, CENTRE DRIVE, NEWMARKET, CB8 8AP - £545,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

118 CENTRE DRIVE is a very large extended detached house of 226m², built sometime between 2003 and 2006, which could now be worth an estimated £683,990. It was last sold for £545,000 in April 2018, which was around 40% above the average April 2018 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

118 CENTRE DRIVE Sold Prices

Land registry data shows three sales for 118 CENTRE 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 118 CENTRE DRIVE sales were for above the average price, whilst one was 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
2018 27 APR	£545,000	£389,869	40% above HPI
2012 2 NOV	£350,000	£260,278	34% above HPI
2000 22 DEC	£75,000	£139,086	46% below HPI

118 CENTRE 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 118 CENTRE DRIVE sales between December 2000 and April 2018 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 November 2012 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the April 2018 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 118 CENTRE DRIVE be worth now?

118 CENTRE DRIVE might now be worth an estimated £683,990.

This is based on house price inflation of 25.5%, between April 2018 and December 2024, 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 25.5% inflationary increase is applied to the most recent sale price for 118 CENTRE DRIVE of £545,000 on 27th April 2018. For the value to have increased from £545,000 to £683,990 over the five years and four months to December 2024, the following assumptions must hold true:

• The value of 118 CENTRE DRIVE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The April 2018 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of 118 CENTRE DRIVE has not materially changed since April 2018.

How Large is 118 CENTRE DRIVE?

118 CENTRE DRIVE is 226m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the largest 10% of detached houses houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newmarket, and where 118 CENTRE DRIVE lies on this distribution: 91% of detached houses houses are smaller than 118 CENTRE DRIVE, and 9% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

118 CENTRE DRIVE: Plot and Title Map

118 CENTRE DRIVE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 118 CENTRE 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 118 CENTRE 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 118 CENTRE DRIVE?

118 CENTRE DRIVE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 118 on CENTRE DRIVE.