55, GLEBE DRIVE, EXNING, NEWMARKET, CB8 7FQ - £517,500

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.

55 GLEBE DRIVE is a midsized detached house of 157m², built in 2015, which could now be worth an estimated £534,670. It was last sold for £517,500 in April 2022, which was around 18% above the average April 2022 detached price in the West Suffolk local authority area. The most recent EPC inspection was August 2017, where the current energy rating was B, and the potential energy rating was B.

55 GLEBE DRIVE Sold Prices

Land registry data shows two sales for 55 GLEBE 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 West Suffolk local authority area for the corresponding sale date. Both of the two 55 GLEBE 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
2022 8 APR	£517,500	£440,347	18% above HPI
2017 8 DEC	£419,995	£379,246	11% above HPI

55 GLEBE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The two 55 GLEBE DRIVE sales from December 2017 and April 2022 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 2017 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the April 2022 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 55 GLEBE DRIVE be worth now?

55 GLEBE DRIVE might now be worth an estimated £534,670.

This is based on house price inflation of 3.3%, between April 2022 and April 2026, for detached houses, in the West Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.3% inflationary increase is applied to the most recent sale price for 55 GLEBE DRIVE of £517,500 on 8th April 2022. For the value to have increased from £517,500 to £534,670 over the four years to April 2026, the following assumptions must hold true:

• The value of 55 GLEBE DRIVE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The April 2022 sale price of £517,500 represented a fair market value for the property.
• The size, condition, and specification of 55 GLEBE DRIVE has not materially changed since April 2022.

How Large is 55 GLEBE DRIVE?

55 GLEBE DRIVE is 157m² according to the EPC inspection conducted in August 2017. This puts it in the largest 50% of detached houses houses in Exning, based on EPC data. The below chart shows the distribution of detached houses houses by size in Exning, and where 55 GLEBE DRIVE lies on this distribution: 51% of detached houses houses are smaller than 55 GLEBE DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Exning.

55 GLEBE DRIVE: Plot and Title Map

55 GLEBE DRIVE sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 55 GLEBE 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 55 GLEBE 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 55 GLEBE DRIVE?

55 GLEBE DRIVE is located in EXNING, in the CB8 postcode district. The below map shows the position of No. 55 on GLEBE DRIVE.