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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 DURHAM WAY is a midsized extended detached house of 117m², built sometime between 1967 and 1975, which could now be worth an estimated £488,060. It was last sold for £275,000 in March 2007, which was around 5% above the average March 2007 detached price in the West Suffolk local authority area. The most recent EPC inspection was October 2024, where the current energy rating was D, and the potential energy rating was C.

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	£261,168	5% above HPI
1999 22 DEC	£106,000	£120,715	12% 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 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2007 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 2 DURHAM WAY be worth now?

2 DURHAM WAY might now be worth an estimated £488,060.

This is based on house price inflation of 77.5%, between March 2007 and December 2024, for detached houses, in the West Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 77.5% inflationary increase is applied to the most recent sale price for 2 DURHAM WAY of £275,000 on 12th March 2007. For the value to have increased from £275,000 to £488,060 over the sixteen years and three months to December 2024, the following assumptions must hold true:

• The value of 2 DURHAM WAY has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The March 2007 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DURHAM WAY has not materially changed since March 2007.

How Large is 2 DURHAM WAY?

2 DURHAM WAY is 117m², which includes one extension, according to the EPC inspection conducted in October 2024. This puts it in the largest 50% of detached houses houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newmarket, and where 2 DURHAM WAY lies on this distribution: 52% of detached houses houses are smaller than 2 DURHAM WAY, and 48% 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.