59, CENTRE DRIVE, NEWMARKET, CB8 8AW - £319,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

59 CENTRE DRIVE is a very small extended detached house of 82m², built sometime between 1930 and 1949, which could now be worth an estimated £402,704. It was last sold for £319,500 in December 2018, which was around 19% below the average December 2018 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

59 CENTRE DRIVE Sold Prices

Land registry data shows five sales for 59 CENTRE DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the five 59 CENTRE 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
2018 3 DEC	£319,500	£394,448	19% below HPI
2016 22 JUN	£280,000	£365,580	23% below HPI
2015 27 FEB	£210,000	£314,113	33% below HPI
2004 9 JAN	£174,000	£209,099	17% below HPI
2003 17 APR	£173,500	£194,198	11% below HPI

59 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 five 59 CENTRE DRIVE sales between April 2003 and December 2018 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 2016 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2018 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 59 CENTRE DRIVE be worth now?

59 CENTRE DRIVE might now be worth an estimated £402,704.

This is based on house price inflation of 26%, between December 2018 and February 2025, for detached houses, in the East Cambridgeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26% inflationary increase is applied to the most recent sale price for 59 CENTRE DRIVE of £319,500 on 3rd December 2018. For the value to have increased from £319,500 to £402,704 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 59 CENTRE DRIVE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The December 2018 sale price of £319,500 represented a fair market value for the property.
• The size, condition, and specification of 59 CENTRE DRIVE has not materially changed since December 2018.

How Large is 59 CENTRE DRIVE?

59 CENTRE DRIVE is 82m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the smallest 20% of detached houses houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newmarket, and where 59 CENTRE DRIVE lies on this distribution: 20% of detached houses houses are smaller than 59 CENTRE DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

59 CENTRE DRIVE: Plot and Title Map

59 CENTRE DRIVE sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of 59 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 59 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 59 CENTRE DRIVE?

59 CENTRE DRIVE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 59 on CENTRE DRIVE.