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
3 LEMUR DRIVE is a small extended detached house of 113m², built sometime between 1983 and 1990. It was last sold for £485,000 in August 2016, which was around 2% below the average August 2016 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 3 LEMUR DRIVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Cambridgeshire local authority area for the corresponding sale date. Both of the two 3 LEMUR 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 |
---|---|---|---|
2016 24 AUG | £485,000 | £496,491 | 2% below HPI |
1997 27 JUN | £110,000 | £116,881 | 6% 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 two 3 LEMUR DRIVE sales from June 1997 and August 2016 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 1997 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2016 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.
3 LEMUR DRIVE is 113m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% of detached houses in Cambridge, based on EPC data. The below chart shows the distribution of detached houses by size in Cambridge, and where 3 LEMUR DRIVE lies on this distribution: 36% of detached houses are smaller than 3 LEMUR DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Cambridge.
3 LEMUR DRIVE sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 3 LEMUR 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 3 LEMUR 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.
3 LEMUR DRIVE is located in CAMBRIDGE, in the CB1 postcode district. The below map shows the position of No. 3 on LEMUR DRIVE.