48, CAMBRIDGE DRIVE, LONDON, SE12 8AJ - £830,000

48 CAMBRIDGE DRIVE is a very small detached house of 99m², built sometime between 1930 and 1949. It was last sold for £830,000 in May 2017, which was around 5% above the average May 2017 detached price in the Lewisham local authority area. The most recent EPC inspection was December 2016, where the current energy rating was E, and the potential energy rating was C.

48 CAMBRIDGE DRIVE Sold Prices

Land registry data shows four sales for 48 CAMBRIDGE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lewisham local authority area for the corresponding sale date. All of the four 48 CAMBRIDGE 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
2017 26 MAY	£830,000	£792,102	5% above HPI
2007 15 JUN	£416,000	£411,344	1% above HPI
2003 8 JUL	£365,000	£333,622	9% above HPI
1998 30 JAN	£175,000	£151,048	16% above HPI

48 CAMBRIDGE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lewisham local authority area over time, sourced from the HPI. The four 48 CAMBRIDGE DRIVE sales between January 1998 and May 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 June 2007 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2017 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 48 CAMBRIDGE DRIVE?

48 CAMBRIDGE DRIVE is 99m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 48 CAMBRIDGE DRIVE lies on this distribution: 19% of detached houses are smaller than 48 CAMBRIDGE DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in London.

48 CAMBRIDGE DRIVE: Plot and Title Map

48 CAMBRIDGE DRIVE sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of 48 CAMBRIDGE 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 48 CAMBRIDGE 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 48 CAMBRIDGE DRIVE?

48 CAMBRIDGE DRIVE is located in LONDON, in the SE12 postcode district. The below map shows the position of No. 48 on CAMBRIDGE DRIVE.