16, NEWMARKET ROAD, CHEVELEY, NEWMARKET, CB8 9EQ - £625,000

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

16 NEWMARKET ROAD is a very large extended detached house of 221m², built sometime between 1996 and 2002. It was last sold for £625,000 in June 2021, which was around 58% above the average June 2021 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

16 NEWMARKET ROAD Sold Prices

Land registry data shows three sales for 16 NEWMARKET ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the three 16 NEWMARKET 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 JUN	£625,000	£395,675	58% above HPI
2014 25 JUL	£517,000	£284,409	82% above HPI
1999 16 JUL	£249,000	£106,306	134% above HPI

16 NEWMARKET ROAD 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 three 16 NEWMARKET ROAD sales between July 1999 and June 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 July 2014 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the June 2021 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 16 NEWMARKET ROAD?

16 NEWMARKET ROAD is 221m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 20% of detached houses in Cheveley, based on EPC data. The below chart shows the distribution of detached houses by size in Cheveley, and where 16 NEWMARKET ROAD lies on this distribution: 81% of detached houses are smaller than 16 NEWMARKET ROAD, and 19% of houses are larger. Note that EPC data is not available for all properties in Cheveley.

16 NEWMARKET ROAD: Plot and Title Map

16 NEWMARKET ROAD sits on a plot of roughly 0.164 of an acre, or 662m². The below map shows the location of 16 NEWMARKET 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 16 NEWMARKET 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 16 NEWMARKET ROAD?

16 NEWMARKET ROAD is located in CHEVELEY, in the CB8 postcode district. The below map shows the position of No. 16 on NEWMARKET ROAD.