15, KINGS DRIVE, NEWMARKET, CB8 8DG - £595,000

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.

15 KINGS DRIVE is a large extended detached house of 161m², built sometime between 1976 and 1982, which could now be worth an estimated £640,212. It was last sold for £595,000 in August 2022, which was around 29% above the average August 2022 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

15 KINGS DRIVE Sold Prices

Land registry data shows three sales for 15 KINGS 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. All of the three 15 KINGS 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
2022 18 AUG	£595,000	£462,060	29% above HPI
2016 17 JUN	£425,000	£365,580	16% above HPI
2009 1 DEC	£280,000	£240,739	16% above HPI

15 KINGS 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 15 KINGS DRIVE sales between December 2009 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 June 2016 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the August 2022 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 15 KINGS DRIVE be worth now?

15 KINGS DRIVE might now be worth an estimated £640,212.

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 15 KINGS DRIVE of £595,000 on 18th August 2022. For the value to have increased from £595,000 to £640,212 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 15 KINGS DRIVE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The August 2022 sale price of £595,000 represented a fair market value for the property.
• The size, condition, and specification of 15 KINGS DRIVE has not materially changed since August 2022.

How Large is 15 KINGS DRIVE?

15 KINGS DRIVE is 161m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 30% 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 15 KINGS DRIVE lies on this distribution: 73% of detached houses houses are smaller than 15 KINGS DRIVE, and 26% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

15 KINGS DRIVE: Plot and Title Map

15 KINGS DRIVE sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 15 KINGS 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 15 KINGS 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 15 KINGS DRIVE?

15 KINGS DRIVE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 15 on KINGS DRIVE.