5, THE LIMES, CENTRE DRIVE, NEWMARKET, CB8 8AN - £395,000

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

5 THE LIMES is a midsized extended detached house of 113m², built sometime between 1983 and 1990. It was last sold for £395,000 in December 2019, which was around 3% above the average December 2019 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

5 THE LIMES Sold Prices

Land registry data shows four sales for 5 THE LIMES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. Most of the four 5 THE LIMES 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 6 DEC	£395,000	£383,702	3% above HPI
2012 17 AUG	£205,000	£251,361	18% below HPI
2002 8 MAR	£150,000	£161,039	7% below HPI
1996 20 SEP	£69,995	£78,799	11% below HPI

5 THE LIMES 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 four 5 THE LIMES sales between September 1996 and December 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 August 2012 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2019 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 5 THE LIMES?

5 THE LIMES is 113m², which includes three extensions, according to the EPC inspection conducted in May 2019. This puts it in the smallest 50% of detached houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Newmarket, and where 5 THE LIMES lies on this distribution: 49% of detached houses are smaller than 5 THE LIMES, and 51% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

5 THE LIMES: Plot and Title Map

5 THE LIMES sits on a plot of roughly 0.211 of an acre, or 854m². The below map shows the location of 5 THE LIMES, 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 5 THE LIMES). 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 5 THE LIMES?

5 THE LIMES is located on CENTRE DRIVE in NEWMARKET, in the CB8 postcode district. The below map shows the position of 5 THE LIMES on CENTRE DRIVE.