29, PETERHOUSE DRIVE, NEWMARKET, CB8 8AT - £437,500

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.

29 PETERHOUSE DRIVE is a large detached house of 143m², built sometime between 1967 and 1975, which could now be worth an estimated £505,278. It was last sold for £437,500 in June 2021, which was around 6% above the average June 2021 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

29 PETERHOUSE DRIVE Sold Prices

Land registry data shows three sales for 29 PETERHOUSE 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 29 PETERHOUSE 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
2021 21 JUN	£437,500	£410,828	6% above HPI
2019 18 JAN	£450,000	£394,056	14% above HPI
2012 30 NOV	£286,000	£260,278	10% above HPI

29 PETERHOUSE 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 29 PETERHOUSE DRIVE sales between November 2012 and June 2021 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 2019 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2021 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 29 PETERHOUSE DRIVE be worth now?

29 PETERHOUSE DRIVE might now be worth an estimated £505,278.

This is based on house price inflation of 15.5%, between June 2021 and June 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 15.5% inflationary increase is applied to the most recent sale price for 29 PETERHOUSE DRIVE of £437,500 on 21st June 2021. For the value to have increased from £437,500 to £505,278 over the four years to June 2025, the following assumptions must hold true:

• The value of 29 PETERHOUSE DRIVE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The June 2021 sale price of £437,500 represented a fair market value for the property.
• The size, condition, and specification of 29 PETERHOUSE DRIVE has not materially changed since June 2021.

How Large is 29 PETERHOUSE DRIVE?

29 PETERHOUSE DRIVE is 143m² according to the EPC inspection conducted in August 2012. This puts it in the largest 40% 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 29 PETERHOUSE DRIVE lies on this distribution: 66% of detached houses houses are smaller than 29 PETERHOUSE DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

29 PETERHOUSE DRIVE: Plot and Title Map

29 PETERHOUSE DRIVE sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of 29 PETERHOUSE 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 29 PETERHOUSE 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 29 PETERHOUSE DRIVE?

29 PETERHOUSE DRIVE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 29 on PETERHOUSE DRIVE.