2, DURHAM WAY, NEWMARKET, CB8 0DN - £275,000

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

2 DURHAM WAY is a midsized detached house of 125m², built sometime between 1976 and 1982. It was last sold for £275,000 in March 2007, which was around 7% above the average March 2007 detached price in the West Suffolk local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

2 DURHAM WAY Sold Prices

Land registry data shows two sales for 2 DURHAM 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. One of the two 2 DURHAM WAY sales was for above the average price, whilst the other was 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
2007 12 MAR	£275,000	£257,829	7% above HPI
1999 22 DEC	£106,000	£119,172	11% below HPI

2 DURHAM 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 2 DURHAM WAY sales from December 1999 and March 2007 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 1999 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2007 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 2 DURHAM WAY?

2 DURHAM WAY is 125m² according to the EPC inspection conducted in November 2016. This puts it in the largest 50% 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 DURHAM WAY lies on this distribution: 57% of detached houses are smaller than 2 DURHAM WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

2 DURHAM WAY: Plot and Title Map

2 DURHAM WAY sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 2 DURHAM 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 DURHAM 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 DURHAM WAY?

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