8, CAMBRIDGE DRIVE, WISBECH, PE13 1SE - £215,000

8 CAMBRIDGE DRIVE is a midsized detached house of 109m², built sometime between 1983 and 1990. It was last sold for £215,000 in March 2019, which was around 14% below the average March 2019 detached price in the Fenland local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

8 CAMBRIDGE DRIVE Sold Prices

Land registry data shows three sales for 8 CAMBRIDGE 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 Fenland local authority area for the corresponding sale date. Two of the three 8 CAMBRIDGE DRIVE sales were for below the average price, whilst one was 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
2019 8 MAR	£215,000	£250,279	14% below HPI
2011 18 APR	£151,000	£168,244	10% below HPI
1995 26 SEP	£59,995	£56,699	6% above HPI

8 CAMBRIDGE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The three 8 CAMBRIDGE DRIVE sales between September 1995 and March 2019 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 April 2011 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2019 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 8 CAMBRIDGE DRIVE?

8 CAMBRIDGE DRIVE is 109m² according to the EPC inspection conducted in October 2010. This puts it in the largest 50% of detached houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses by size in Wisbech, and where 8 CAMBRIDGE DRIVE lies on this distribution: 58% of detached houses are smaller than 8 CAMBRIDGE DRIVE, and 42% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

8 CAMBRIDGE DRIVE: Plot and Title Map

8 CAMBRIDGE DRIVE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 8 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 8 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 8 CAMBRIDGE DRIVE?

8 CAMBRIDGE DRIVE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 8 on CAMBRIDGE DRIVE.