12, WRAGG DRIVE, NEWMARKET, CB8 7SD - £347,500

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.

12 WRAGG DRIVE is a midsized extended detached house of 123m², built sometime between 1976 and 1982, which could now be worth an estimated £506,699. It was last sold for £347,500 in October 2014, which was around 12% above the average October 2014 detached price in the West Suffolk local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

12 WRAGG DRIVE Sold Prices

Land registry data shows two sales for 12 WRAGG 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 12 WRAGG 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
2014 17 OCT	£347,500	£308,970	12% above HPI
2011 9 DEC	£320,750	£258,897	24% above HPI

12 WRAGG 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 12 WRAGG DRIVE sales from December 2011 and October 2014 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 2011 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the October 2014 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 12 WRAGG DRIVE be worth now?

12 WRAGG DRIVE might now be worth an estimated £506,699.

This is based on house price inflation of 45.8%, between October 2014 and February 2025, 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 45.8% inflationary increase is applied to the most recent sale price for 12 WRAGG DRIVE of £347,500 on 17th October 2014. For the value to have increased from £347,500 to £506,699 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 12 WRAGG DRIVE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The October 2014 sale price of £347,500 represented a fair market value for the property.
• The size, condition, and specification of 12 WRAGG DRIVE has not materially changed since October 2014.

How Large is 12 WRAGG DRIVE?

12 WRAGG DRIVE is 123m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the largest 50% of detached houses houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newmarket, and where 12 WRAGG DRIVE lies on this distribution: 56% of detached houses houses are smaller than 12 WRAGG DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

12 WRAGG DRIVE: Plot and Title Map

12 WRAGG DRIVE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 12 WRAGG 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 12 WRAGG 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 12 WRAGG DRIVE?

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