62A, CENTRE DRIVE, NEWMARKET, CB8 8AW - £368,000

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

62A CENTRE DRIVE is a large detached house of 140m², built sometime between 1996 and 2002. It was last sold for £368,000 in June 2014, which was around 31% above the average June 2014 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

62A CENTRE DRIVE Sold Prices

Land registry data shows three sales for 62A 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. All of the three 62A CENTRE DRIVE sales were for above 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
2014 27 JUN	£368,000	£281,548	31% above HPI
2006 30 OCT	£310,000	£238,952	30% above HPI
1998 8 MAY	£132,500	£97,563	36% above HPI

62A 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 62A CENTRE DRIVE sales between May 1998 and June 2014 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 October 2006 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the June 2014 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 62A CENTRE DRIVE?

62A CENTRE DRIVE is 140m² according to the EPC inspection conducted in February 2013. This puts it in the largest 40% of detached houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Newmarket, and where 62A CENTRE DRIVE lies on this distribution: 65% of detached houses are smaller than 62A CENTRE DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

62A CENTRE DRIVE: Plot and Title Map

62A CENTRE DRIVE sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of 62A 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 62A 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 62A CENTRE DRIVE?

62A CENTRE DRIVE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 62A on CENTRE DRIVE.