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 MUSTANG DRIVE is a small detached house of 111m². It was last sold for £476,000 in June 2024, which was around 22% below the average June 2024 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows three sales for 2 MUSTANG DRIVE since 1st 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 MUSTANG 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 |
---|---|---|---|
2024 28 JUN | £476,000 | £609,182 | 22% below HPI |
2020 17 NOV | £410,000 | £529,436 | 23% below HPI |
2014 12 NOV | £294,950 | £416,594 | 29% below HPI |
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 MUSTANG DRIVE sales between November 2014 and June 2024 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 November 2020 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2024 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.
2 MUSTANG DRIVE is 111m² according to the EPC inspection conducted in October 2014. 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 MUSTANG DRIVE lies on this distribution: 26% of detached houses are smaller than 2 MUSTANG DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Cambourne.
2 MUSTANG DRIVE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 2 MUSTANG 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 MUSTANG 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 MUSTANG DRIVE is located in UPPER CAMBOURNE, in the CB23 postcode district. The below map shows the position of No. 2 on MUSTANG DRIVE.