16, THE STREET, GAZELEY, NEWMARKET, CB8 8RD - £310,000

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 THE STREET is a large extended detached house of 137m², built sometime between 1930 and 1949. It was last sold for £310,000 in March 2014, which was around 12% above the average March 2014 detached price in the West Suffolk local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.

16 THE STREET Sold Prices

Land registry data shows three sales for 16 THE STREET 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. All of the three 16 THE STREET 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 28 MAR	£310,000	£276,227	12% above HPI
1998 27 FEB	£119,000	£90,687	31% above HPI
1996 15 NOV	£90,000	£84,415	7% above HPI

16 THE STREET 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 16 THE STREET sales between November 1996 and March 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 February 1998 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the March 2014 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 16 THE STREET?

16 THE STREET is 137m², which includes two extensions, according to the EPC inspection conducted in November 2012. This puts it in the largest 40% of detached houses in Gazeley, based on EPC data. The below chart shows the distribution of detached houses by size in Gazeley, and where 16 THE STREET lies on this distribution: 61% of detached houses are smaller than 16 THE STREET, and 39% of houses are larger. Note that EPC data is not available for all properties in Gazeley.

16 THE STREET: Plot and Title Map

16 THE STREET sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 16 THE STREET, 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 THE STREET). 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 THE STREET?

16 THE STREET is located in GAZELEY, in the CB8 postcode district. The below map shows the position of No. 16 on THE STREET.