129, CENTRE DRIVE, NEWMARKET, CB8 8AP - £930,000

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.

129 CENTRE DRIVE is a very large extended detached house of 320m², built sometime between 1950 and 1966, which could now be worth an estimated £1,125,454. It was last sold for £930,000 in June 2021, which was around 126% 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.

129 CENTRE DRIVE Sold Prices

Land registry data shows four sales for 129 CENTRE DRIVE since 1^st 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	£410,828	126% above HPI
2018 27 APR	£725,000	£389,869	86% above HPI
2015 2 DEC	£585,000	£345,780	69% above HPI
1998 8 SEP	£138,000	£103,226	34% above HPI

129 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 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 86% above the HPI. So the extrapolation line tracks at 86% above the HPI over time, until the June 2021 sale, where it rises to 126% above the HPI. The line then continues to track at 126% above the HPI.

What might 129 CENTRE DRIVE be worth now?

129 CENTRE DRIVE might now be worth an estimated £1,125,454.

This is based on house price inflation of 21%, between June 2021 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 21% inflationary increase is applied to the most recent sale price for 129 CENTRE DRIVE of £930,000 on 28th June 2021. For the value to have increased from £930,000 to £1,125,454 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 129 CENTRE DRIVE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The June 2021 sale price of £930,000 represented a fair market value for the property.
• The size, condition, and specification of 129 CENTRE DRIVE has not materially changed since June 2021.

How Large is 129 CENTRE DRIVE?

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 houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newmarket, and where 129 CENTRE DRIVE lies on this distribution: 97% of detached houses 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: Plot and Title Map

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.

Where is 129 CENTRE DRIVE?

129 CENTRE DRIVE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 129 on CENTRE DRIVE.