18, CHEVELEY ROAD, NEWMARKET, CB8 8AD - £385,000

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

18 CHEVELEY ROAD is a large extended detached house of 152m², built sometime between 1930 and 1949. It was last sold for £385,000 in July 2011, which was around 50% above the average July 2011 detached price in the West Suffolk local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

18 CHEVELEY ROAD Sold Prices

Land registry data shows three sales for 18 CHEVELEY 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 West Suffolk local authority area for the corresponding sale date. All of the three 18 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
2011 6 JUL	£385,000	£257,463	50% above HPI
2006 30 JUN	£300,000	£243,208	23% above HPI
2002 30 AUG	£222,500	£188,736	18% above HPI

18 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 three 18 CHEVELEY ROAD sales between August 2002 and July 2011 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 2006 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the July 2011 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 18 CHEVELEY ROAD?

18 CHEVELEY ROAD is 152m², which includes two extensions, according to the EPC inspection conducted in March 2011. This puts it in the largest 30% of detached houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Newmarket, and where 18 CHEVELEY ROAD lies on this distribution: 71% of detached houses are smaller than 18 CHEVELEY ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

18 CHEVELEY ROAD: Plot and Title Map

18 CHEVELEY ROAD sits on a plot of roughly 0.271 of an acre, or 1,097m². The below map shows the location of 18 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 18 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 18 CHEVELEY ROAD?

18 CHEVELEY ROAD is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 18 on CHEVELEY ROAD.