Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources
129 CENTRE DRIVE is a very large extended detached house of 320m², built sometime between 1950 and 1966. It was last sold for £930,000 in June 2021, which was around 135% above the average June 2021 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 129 CENTRE DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the four 129 CENTRE 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 |
---|---|---|---|
2021 28 JUN | £930,000 | £395,675 | ![]() 135% above HPI |
2018 27 APR | £725,000 | £375,489 | ![]() 93% above HPI |
2015 2 DEC | £585,000 | £333,027 | ![]() 76% above HPI |
1998 8 SEP | £138,000 | £99,419 | ![]() 39% above HPI |
The below graph shows the average detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The four 129 CENTRE DRIVE sales between September 1998 and June 2021 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 April 2018 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the June 2021 sale, where it rises to 135% above the HPI. The line then continues to track at 135% above the HPI.
129 CENTRE DRIVE is 320m², which includes four extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 10% of detached houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Newmarket, and where 129 CENTRE DRIVE lies on this distribution: 97% of detached houses are smaller than 129 CENTRE DRIVE, and 3% of houses are larger. Note that EPC data is not available for all properties in Newmarket.
129 CENTRE DRIVE sits on a plot of roughly 0.284 of an acre, or 1,148m². The below map shows the location of 129 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 129 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.
129 CENTRE DRIVE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 129 on CENTRE DRIVE.