Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
2 CAMBRIDGE DRIVE is a large detached house of 159m². It was last sold for £510,000 in February 2021, which was around 62% above the average February 2021 detached price in the Tendring local authority area. The most recent EPC inspection was February 2017, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 2 CAMBRIDGE DRIVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. Both of the two 2 CAMBRIDGE 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 5 FEB | £510,000 | £315,530 | 62% above HPI |
2017 24 FEB | £450,000 | £276,750 | 63% above HPI |
The below graph shows the average detached house price in the Tendring local authority area over time, sourced from the HPI. The two 2 CAMBRIDGE DRIVE sales from February 2017 and February 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 February 2017 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the February 2021 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.
2 CAMBRIDGE DRIVE is 159m² according to the EPC inspection conducted in February 2017. This puts it in the largest 20% of detached houses in Lawford, based on EPC data. The below chart shows the distribution of detached houses by size in Lawford, and where 2 CAMBRIDGE DRIVE lies on this distribution: 80% of detached houses are smaller than 2 CAMBRIDGE DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Lawford.
2 CAMBRIDGE DRIVE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 2 CAMBRIDGE 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 2 CAMBRIDGE 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.
2 CAMBRIDGE DRIVE is located in LAWFORD, in the CO11 postcode district. The below map shows the position of No. 2 on CAMBRIDGE DRIVE.