49, CENTRE DRIVE, NEWMARKET, CB8 8AW - £227,000

49 CENTRE DRIVE is a very small extended detached house of 64m², built sometime between 1930 and 1949. It was last sold for £227,000 in October 2017, which was around 41% below the average October 2017 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was D.

49 CENTRE DRIVE Sold Prices

Land registry data shows two sales for 49 CENTRE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. Both of the two 49 CENTRE 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 13 OCT	£227,000	£385,323	41% below HPI
2016 25 AUG	£230,000	£352,477	35% below HPI

49 CENTRE 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 two 49 CENTRE DRIVE sales from August 2016 and October 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 August 2016 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2017 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 49 CENTRE DRIVE?

49 CENTRE DRIVE is 64m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of detached houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Newmarket, and where 49 CENTRE DRIVE lies on this distribution: 8% of detached houses are smaller than 49 CENTRE DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

49 CENTRE DRIVE: Plot and Title Map

49 CENTRE DRIVE sits on a plot of roughly 0.169 of an acre, or 684m². The below map shows the location of 49 CENTRE 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 49 CENTRE 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 49 CENTRE DRIVE?

49 CENTRE DRIVE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 49 on CENTRE DRIVE.