55, CENTRE DRIVE, NEWMARKET, CB8 8AW - £405,000

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

55 CENTRE DRIVE is a midsized extended detached house of 128m², built sometime between 1930 and 1949. It was last sold for £405,000 in February 2015, which was around 34% above the average February 2015 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was C.

55 CENTRE DRIVE Sold Prices

Land registry data shows three sales for 55 CENTRE 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 East Cambridgeshire local authority area for the corresponding sale date. The three 55 CENTRE DRIVE sales were a mix of above the average price, roughly equal to the average price, and 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
2015 5 FEB	£405,000	£302,528	34% above HPI
2002 17 JUN	£168,000	£168,374	Close to HPI
1996 5 JUL	£53,000	£76,426	31% below HPI

55 CENTRE DRIVE 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 three 55 CENTRE DRIVE sales between July 1996 and February 2015 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 2002 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2015 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 55 CENTRE DRIVE?

55 CENTRE DRIVE is 128m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 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 55 CENTRE DRIVE lies on this distribution: 58% of detached houses are smaller than 55 CENTRE DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

55 CENTRE DRIVE: Plot and Title Map

55 CENTRE DRIVE sits on a plot of roughly 0.169 of an acre, or 684m². The below map shows the location of 55 CENTRE 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 55 CENTRE 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 55 CENTRE DRIVE?

55 CENTRE DRIVE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 55 on CENTRE DRIVE.