14, CHEVELEY ROAD, NEWMARKET, CB8 8AD - £506,500

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

14 CHEVELEY ROAD is a very large extended detached house of 182m², built sometime between 1950 and 1966. It was last sold for £506,500 in October 2021, which was around 20% above the average October 2021 detached price in the West Suffolk local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was C.

14 CHEVELEY ROAD Sold Prices

Land registry data shows two sales for 14 CHEVELEY ROAD 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 14 CHEVELEY ROAD 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
2021 29 OCT	£506,500	£422,836	20% above HPI
2005 23 JUN	£310,000	£234,889	32% above HPI

14 CHEVELEY ROAD 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 14 CHEVELEY ROAD sales from June 2005 and October 2021 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 June 2005 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the October 2021 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 14 CHEVELEY ROAD?

14 CHEVELEY ROAD is 182m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 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 14 CHEVELEY ROAD lies on this distribution: 82% of detached houses are smaller than 14 CHEVELEY ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

14 CHEVELEY ROAD: Plot and Title Map

14 CHEVELEY ROAD sits on a plot of roughly 0.199 of an acre, or 806m². The below map shows the location of 14 CHEVELEY ROAD, 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 14 CHEVELEY ROAD). 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 14 CHEVELEY ROAD?

14 CHEVELEY ROAD is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 14 on CHEVELEY ROAD.