2, NORTHMORE COTTAGES, NORTH END ROAD, EXNING, NEWMARKET, CB8 7JX - £427,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 NORTHMORE COTTAGES is a small extended detached house of 126m², built sometime between 1930 and 1949, which could now be worth an estimated £491,793. It was last sold for £427,500 in August 2019, which was around 9% above the average August 2019 detached price in the West Suffolk local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

2 NORTHMORE COTTAGES Sold Prices

Land registry data shows three sales for 2 NORTHMORE COTTAGES 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. One of the three 2 NORTHMORE COTTAGES sales was for above the average price, whilst two 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
2019 21 AUG	£427,500	£391,620	9% above HPI
1998 11 SEP	£92,000	£103,904	11% below HPI
1997 30 MAY	£84,000	£84,774	1% below HPI

2 NORTHMORE COTTAGES 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 NORTHMORE COTTAGES sales between May 1997 and August 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 September 1998 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2019 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 2 NORTHMORE COTTAGES be worth now?

2 NORTHMORE COTTAGES might now be worth an estimated £491,793.

This is based on house price inflation of 15%, between August 2019 and February 2025, 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 15% inflationary increase is applied to the most recent sale price for 2 NORTHMORE COTTAGES of £427,500 on 21st August 2019. For the value to have increased from £427,500 to £491,793 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 2 NORTHMORE COTTAGES has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The August 2019 sale price of £427,500 represented a fair market value for the property.
• The size, condition, and specification of 2 NORTHMORE COTTAGES has not materially changed since August 2019.

How Large is 2 NORTHMORE COTTAGES?

2 NORTHMORE COTTAGES is 126m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the smallest 40% of detached houses houses in Exning, based on EPC data. The below chart shows the distribution of detached houses houses by size in Exning, and where 2 NORTHMORE COTTAGES lies on this distribution: 33% of detached houses houses are smaller than 2 NORTHMORE COTTAGES, and 67% of houses are larger. Note that EPC data is not available for all properties in Exning.

2 NORTHMORE COTTAGES: Plot and Title Map

2 NORTHMORE COTTAGES sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 2 NORTHMORE COTTAGES, 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 NORTHMORE COTTAGES). 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 NORTHMORE COTTAGES?

2 NORTHMORE COTTAGES is located on NORTH END ROAD in EXNING, in the CB8 postcode district. The below map shows the position of 2 NORTHMORE COTTAGES on NORTH END ROAD.