18, GOLDFINCH DRIVE, COTTENHAM, CAMBRIDGE, CB24 8XY - £247,000

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.

18 GOLDFINCH DRIVE is a very small terraced house of 60m², built sometime between 1996 and 2002, which could now be worth an estimated £267,178. It was last sold for £247,000 in June 2017, which was around 13% below the average June 2017 terraced price in the South Cambridgeshire local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

18 GOLDFINCH DRIVE Sold Prices

Land registry data shows four sales for 18 GOLDFINCH DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the South Cambridgeshire local authority area for the corresponding sale date. Most of the four 18 GOLDFINCH 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
2017 2 JUN	£247,000	£284,788	13% below HPI
2007 14 DEC	£180,000	£201,071	10% below HPI
2004 5 MAR	£139,950	£150,044	7% below HPI
2001 7 DEC	£113,950	£107,848	6% above HPI

18 GOLDFINCH DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Cambridgeshire local authority area over time, sourced from the HPI. The four 18 GOLDFINCH DRIVE sales between December 2001 and June 2017 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 December 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2017 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 18 GOLDFINCH DRIVE be worth now?

18 GOLDFINCH DRIVE might now be worth an estimated £267,178.

This is based on house price inflation of 8.2%, between June 2017 and June 2025, for terraced houses, in the South Cambridgeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.2% inflationary increase is applied to the most recent sale price for 18 GOLDFINCH DRIVE of £247,000 on 2nd June 2017. For the value to have increased from £247,000 to £267,178 over the eight years to June 2025, the following assumptions must hold true:

• The value of 18 GOLDFINCH DRIVE has moved in line with the HPI for terraced houses in the South Cambridgeshire local authority area.
• The June 2017 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 18 GOLDFINCH DRIVE has not materially changed since June 2017.

How Large is 18 GOLDFINCH DRIVE?

18 GOLDFINCH DRIVE is 60m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of terraced houses houses in Cottenham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Cottenham, and where 18 GOLDFINCH DRIVE lies on this distribution: 1% of terraced houses houses are smaller than 18 GOLDFINCH DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Cottenham.

18 GOLDFINCH DRIVE: Plot and Title Map

18 GOLDFINCH DRIVE sits on a plot of roughly 0.031 of an acre, or 127m². The below map shows the location of 18 GOLDFINCH 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 18 GOLDFINCH 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 18 GOLDFINCH DRIVE?

18 GOLDFINCH DRIVE is located in COTTENHAM, in the CB24 postcode district. The below map shows the position of No. 18 on GOLDFINCH DRIVE.