18, THE STREET, GAZELEY, NEWMARKET, CB8 8RD - £123,000

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 THE STREET is a very small extended detached house of 48m², built sometime before 1900. It was last sold for £123,000 in July 2011, which was around 52% below the average July 2011 detached price in the West Suffolk local authority area. The most recent EPC inspection was October 2021, where the current energy rating was F, and the potential energy rating was A.

18 THE STREET Sold Prices

Land registry data shows four sales for 18 THE STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the four 18 THE STREET 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
2011 15 JUL	£123,000	£257,463	52% below HPI
2006 8 DEC	£132,000	£263,575	50% below HPI
2003 30 MAY	£103,000	£199,608	48% below HPI
1996 4 OCT	£39,000	£84,871	54% below HPI

18 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 four 18 THE STREET sales between October 1996 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 December 2006 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the July 2011 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 18 THE STREET?

18 THE STREET is 48m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of detached houses in Gazeley, based on EPC data. The below chart shows the distribution of detached houses by size in Gazeley, and where 18 THE STREET lies on this distribution: Less than 1% of detached houses are smaller than 18 THE STREET, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Gazeley.

18 THE STREET: Plot and Title Map

18 THE STREET sits on a plot of roughly 0.024 of an acre, or 96m². The below map shows the location of 18 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 18 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 18 THE STREET?

18 THE STREET is located in GAZELEY, in the CB8 postcode district. The below map shows the position of No. 18 on THE STREET.