2, MONK DRIVE, GREAT CAMBOURNE, CAMBRIDGE, CB23 6GN - £440,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 MONK DRIVE is a small detached house of 113m², built sometime between 2003 and 2006. It was last sold for £440,000 in February 2019, which was around 14% below the average February 2019 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

2 MONK DRIVE Sold Prices

Land registry data shows three sales for 2 MONK 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 South Cambridgeshire local authority area for the corresponding sale date. All of the three 2 MONK DRIVE sales were 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
2019 21 FEB	£440,000	£512,128	14% below HPI
2014 14 MAR	£343,000	£382,946	10% below HPI
2007 25 MAY	£295,000	£339,567	13% below HPI

2 MONK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Cambridgeshire local authority area over time, sourced from the HPI. The three 2 MONK DRIVE sales between May 2007 and February 2019 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 March 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2019 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 MONK DRIVE?

2 MONK DRIVE is 113m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 30% of detached houses in Cambourne, based on EPC data. The below chart shows the distribution of detached houses by size in Cambourne, and where 2 MONK DRIVE lies on this distribution: 29% of detached houses are smaller than 2 MONK DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Cambourne.

2 MONK DRIVE: Plot and Title Map

2 MONK DRIVE sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of 2 MONK 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 MONK 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 2 MONK DRIVE?

2 MONK DRIVE is located in GREAT CAMBOURNE, in the CB23 postcode district. The below map shows the position of No. 2 on MONK DRIVE.