12, PAGET PLACE, NEWMARKET, CB8 7DR - £460,000

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

12 PAGET PLACE is a very small detached house of 79m², built sometime between 1950 and 1966. It was last sold for £460,000 in June 2024, which was around 4% above the average June 2024 detached price in the West Suffolk local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

12 PAGET PLACE Sold Prices

Land registry data shows three sales for 12 PAGET PLACE 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. One of the three 12 PAGET PLACE sales was for above the average price, whilst two 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
2024 25 JUN	£460,000	£443,286	4% above HPI
2020 24 JAN	£375,000	£383,370	2% below HPI
2016 14 DEC	£300,000	£351,258	15% below HPI

12 PAGET PLACE 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 12 PAGET PLACE sales between December 2016 and June 2024 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 January 2020 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2024 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 12 PAGET PLACE?

12 PAGET PLACE is 79m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 20% of detached houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Newmarket, and where 12 PAGET PLACE lies on this distribution: 17% of detached houses are smaller than 12 PAGET PLACE, and 82% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

12 PAGET PLACE: Plot and Title Map

12 PAGET PLACE sits on a plot of roughly 0.158 of an acre, or 638m². The below map shows the location of 12 PAGET PLACE, 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 12 PAGET PLACE). 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 12 PAGET PLACE?

12 PAGET PLACE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 12 on PAGET PLACE.