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
2 ARBORFIELD DRIVE is a large detached house of 144m². It was last sold for £530,000 in March 2019, which was around 39% above the average March 2019 detached price in the West Suffolk local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 2 ARBORFIELD DRIVE since 1st 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 2 ARBORFIELD DRIVE 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 |
---|---|---|---|
2019 25 MAR | £530,000 | £381,443 | 39% above HPI |
2014 21 FEB | £452,000 | £275,806 | 64% above HPI |
The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The two 2 ARBORFIELD DRIVE sales from February 2014 and March 2019 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 February 2014 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the March 2019 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.
2 ARBORFIELD DRIVE is 144m² according to the EPC inspection conducted in December 2018. This puts it in the largest 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 2 ARBORFIELD DRIVE lies on this distribution: 67% of detached houses are smaller than 2 ARBORFIELD DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Newmarket.
2 ARBORFIELD DRIVE sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 2 ARBORFIELD DRIVE, 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 ARBORFIELD DRIVE). 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.
2 ARBORFIELD DRIVE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 2 on ARBORFIELD DRIVE.