2, ANVIL WAY, KENNETT, NEWMARKET, CB8 8GY - £322,500

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 ANVIL WAY is a very small detached house of 84m², built sometime between 2007 and 2011. It was last sold for £322,500 in December 2020, which was around 19% below the average December 2020 detached price in the West Suffolk local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

2 ANVIL WAY Sold Prices

Land registry data shows four sales for 2 ANVIL WAY 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 2 ANVIL 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
2020 16 DEC	£322,500	£398,337	19% below HPI
2018 7 MAR	£315,000	£371,992	15% below HPI
2015 3 SEP	£280,000	£321,857	13% below HPI
2011 16 SEP	£210,000	£263,713	20% below HPI

2 ANVIL 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 four 2 ANVIL WAY sales between September 2011 and December 2020 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 2018 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2020 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 2 ANVIL WAY?

2 ANVIL WAY is 84m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 20% of detached houses in Kentford, based on EPC data. The below chart shows the distribution of detached houses by size in Kentford, and where 2 ANVIL WAY lies on this distribution: 12% of detached houses are smaller than 2 ANVIL WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Kentford.

2 ANVIL WAY: Plot and Title Map

2 ANVIL WAY sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 2 ANVIL 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 2 ANVIL 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 2 ANVIL WAY?

2 ANVIL WAY is located in KENNETT, in the CB8 postcode district. The below map shows the position of No. 2 on ANVIL WAY.