2, PAGET PLACE, NEWMARKET, CB8 7DR - £300,000

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 PAGET PLACE is a midsized detached house of 105m², built sometime between 1950 and 1966. It was last sold for £300,000 in July 2013, which was around 11% above the average July 2013 detached price in the West Suffolk local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

2 PAGET PLACE Sold Prices

Land registry data shows three sales for 2 PAGET PLACE 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. All of the three 2 PAGET PLACE 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
2013 31 JUL	£300,000	£269,824	11% above HPI
2008 14 FEB	£318,000	£268,147	19% above HPI
2003 27 NOV	£237,500	£213,992	11% above HPI

2 PAGET PLACE 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 PAGET PLACE sales between November 2003 and July 2013 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 2008 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the July 2013 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 2 PAGET PLACE?

2 PAGET PLACE is 105m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 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 PAGET PLACE lies on this distribution: 41% of detached houses are smaller than 2 PAGET PLACE, and 58% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

2 PAGET PLACE: Plot and Title Map

2 PAGET PLACE sits on a plot of roughly 0.190 of an acre, or 771m². The below map shows the location of 2 PAGET PLACE, 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 PAGET PLACE). 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 PAGET PLACE?

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