1, DURHAM WAY, NEWMARKET, CB8 0DN - £355,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 DURHAM WAY is a midsized extended detached house of 129m², built sometime between 1967 and 1975. It was last sold for £355,000 in September 2020, which was around 11% below the average September 2020 detached price in the West Suffolk local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

1 DURHAM WAY Sold Prices

Land registry data shows three sales for 1 DURHAM WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the three 1 DURHAM WAY 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
2020 23 SEP	£355,000	£397,451	11% below HPI
2014 9 MAY	£270,000	£285,285	5% below HPI
2013 8 APR	£242,500	£266,718	9% below HPI

1 DURHAM WAY 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 three 1 DURHAM WAY sales between April 2013 and September 2020 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 May 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 1 DURHAM WAY?

1 DURHAM WAY is 129m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the largest 50% of detached houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Newmarket, and where 1 DURHAM WAY lies on this distribution: 59% of detached houses are smaller than 1 DURHAM WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

1 DURHAM WAY: Plot and Title Map

1 DURHAM WAY sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 1 DURHAM WAY, 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 1 DURHAM WAY). 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 1 DURHAM WAY?

1 DURHAM WAY is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 1 on DURHAM WAY.