15, MEADOW LANE, NEWMARKET, CB8 8FZ - £730,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 MEADOW LANE is a very large extended detached house of 292m², built sometime from 2007 onwards. It was last sold for £730,000 in October 2020, which was around 80% above the average October 2020 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

15 MEADOW LANE Sold Prices

Land registry data shows four sales for 15 MEADOW LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the four 15 MEADOW LANE 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
2020 8 OCT	£730,000	£405,915	80% above HPI
2017 30 NOV	£700,000	£384,498	82% above HPI
2015 26 JUN	£717,500	£308,461	133% above HPI
2008 27 MAY	£735,000	£244,034	201% above HPI

15 MEADOW LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The four 15 MEADOW LANE sales between May 2008 and October 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 November 2017 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the October 2020 sale, where it falls to 80% above the HPI. The line then continues to track at 80% above the HPI.

How Large is 15 MEADOW LANE?

15 MEADOW LANE is 292m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 10% of detached houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Newmarket, and where 15 MEADOW LANE lies on this distribution: 96% of detached houses are smaller than 15 MEADOW LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

15 MEADOW LANE: Plot and Title Map

15 MEADOW LANE sits on a plot of roughly 0.228 of an acre, or 923m². The below map shows the location of 15 MEADOW LANE, 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 15 MEADOW LANE). 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 15 MEADOW LANE?

15 MEADOW LANE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 15 on MEADOW LANE.