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

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.

8 DANE DRIVE is a large extended detached house of 171m², built sometime between 1967 and 1975, which could now be worth an estimated £1,188,133. It was last sold for £1,080,000 in December 2020, which was around 16% 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	£932,605	16% above HPI
2015 23 JAN	£850,000	£758,416	12% above HPI
2004 6 MAY	£425,000	£403,294	5% 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 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the December 2020 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 8 DANE DRIVE be worth now?

8 DANE DRIVE might now be worth an estimated £1,188,133.

This is based on house price inflation of 10%, between December 2020 and February 2025, for detached houses, in the Cambridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10% inflationary increase is applied to the most recent sale price for 8 DANE DRIVE of £1,080,000 on 16th December 2020. For the value to have increased from £1,080,000 to £1,188,133 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 DANE DRIVE has moved in line with the HPI for detached houses in the Cambridge local authority area.
• The December 2020 sale price of £1,080,000 represented a fair market value for the property.
• The size, condition, and specification of 8 DANE DRIVE has not materially changed since December 2020.

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 houses in Cambridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cambridge, and where 8 DANE DRIVE lies on this distribution: 73% of detached houses houses are smaller than 8 DANE DRIVE, and 26% 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.