2, ANDREW ROAD, NEWMARKET, CB8 0DG - £278,800

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

2 ANDREW ROAD is a very small detached house of 60m², built sometime between 1950 and 1966. It was last sold for £278,800 in June 2021, which was around 30% below the average June 2021 detached price in the West Suffolk local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

2 ANDREW ROAD Sold Prices

Land registry data shows three sales for 2 ANDREW 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 2 ANDREW ROAD 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
2021 29 JUN	£278,800	£400,098	30% below HPI
2006 30 NOV	£195,000	£260,833	25% below HPI
1998 30 MAR	£59,500	£91,317	35% below HPI

2 ANDREW 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 2 ANDREW ROAD sales between March 1998 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 November 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 ANDREW ROAD?

2 ANDREW ROAD is 60m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 10% of detached houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Newmarket, and where 2 ANDREW ROAD lies on this distribution: 4% of detached houses are smaller than 2 ANDREW ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

2 ANDREW ROAD: Plot and Title Map

2 ANDREW ROAD sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 2 ANDREW 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 2 ANDREW 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 2 ANDREW ROAD?

2 ANDREW ROAD is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 2 on ANDREW ROAD.