8, DANE DRIVE, CAMBRIDGE, CB3 9LP - £1,080,000

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

8 DANE DRIVE is a large extended detached house of 171m², built sometime between 1967 and 1975. It was last sold for £1,080,000 in December 2020, which was around 22% above the average December 2020 detached price in the Cambridge local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

8 DANE DRIVE Sold Prices

Land registry data shows three sales for 8 DANE 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 Cambridge local authority area for the corresponding sale date. All of the three 8 DANE 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
2020 16 DEC	£1,080,000	£884,889	22% above HPI
2015 23 JAN	£850,000	£719,612	18% above HPI
2004 6 MAY	£425,000	£382,660	11% above HPI

8 DANE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cambridge local authority area over time, sourced from the HPI. The three 8 DANE DRIVE sales between May 2004 and December 2020 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 January 2015 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the December 2020 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 8 DANE DRIVE?

8 DANE DRIVE is 171m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 30% of detached houses in Cambridge, based on EPC data. The below chart shows the distribution of detached houses by size in Cambridge, and where 8 DANE DRIVE lies on this distribution: 73% of detached houses are smaller than 8 DANE DRIVE, and 27% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

8 DANE DRIVE: Plot and Title Map

8 DANE DRIVE sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 8 DANE 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 8 DANE 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 8 DANE DRIVE?

8 DANE DRIVE is located in CAMBRIDGE, in the CB3 postcode district. The below map shows the position of No. 8 on DANE DRIVE.