18, FAIRHAVEN WAY, NEWMARKET, CB8 0DQ - £218,500

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

18 FAIRHAVEN WAY is a small extended detached house of 94m², built sometime between 1967 and 1975. It was last sold for £218,500 in November 2013, which was around 20% below the average November 2013 detached price in the West Suffolk local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

18 FAIRHAVEN WAY Sold Prices

Land registry data shows two sales for 18 FAIRHAVEN WAY 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 18 FAIRHAVEN WAY sales were for below 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
2013 29 NOV	£218,500	£274,219	20% below HPI
2011 21 MAR	£163,000	£245,286	34% below HPI

18 FAIRHAVEN WAY 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 18 FAIRHAVEN WAY sales from March 2011 and November 2013 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 March 2011 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2013 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 18 FAIRHAVEN WAY?

18 FAIRHAVEN WAY is 94m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the smallest 40% 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 FAIRHAVEN WAY lies on this distribution: 31% of detached houses are smaller than 18 FAIRHAVEN WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

18 FAIRHAVEN WAY: Plot and Title Map

18 FAIRHAVEN WAY sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 18 FAIRHAVEN WAY, 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 FAIRHAVEN WAY). 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 FAIRHAVEN WAY?

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