20, MELROSE GARDENS, NEWMARKET, CB8 0EW - £300,000

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.

20 MELROSE GARDENS is a very small extended detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £302,398. It was last sold for £300,000 in June 2022, which was around 33% below the average June 2022 detached price in the West Suffolk local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

20 MELROSE GARDENS Sold Prices

Land registry data shows two sales for 20 MELROSE GARDENS 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. Both of the two 20 MELROSE GARDENS sales 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
2022 8 JUN	£300,000	£446,944	33% below HPI
1998 9 NOV	£76,000	£105,560	28% below HPI

20 MELROSE GARDENS 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 20 MELROSE GARDENS sales from November 1998 and June 2022 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 November 1998 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2022 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 20 MELROSE GARDENS be worth now?

20 MELROSE GARDENS might now be worth an estimated £302,398.

This is based on house price inflation of 0.8%, between June 2022 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 0.8% inflationary increase is applied to the most recent sale price for 20 MELROSE GARDENS of £300,000 on 8th June 2022. For the value to have increased from £300,000 to £302,398 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 20 MELROSE GARDENS has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The June 2022 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 20 MELROSE GARDENS has not materially changed since June 2022.

How Large is 20 MELROSE GARDENS?

20 MELROSE GARDENS is 76m², which includes two extensions, according to the EPC inspection conducted in September 2016. This puts it in the smallest 20% 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 20 MELROSE GARDENS lies on this distribution: 14% of detached houses houses are smaller than 20 MELROSE GARDENS, and 85% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

20 MELROSE GARDENS: Plot and Title Map

20 MELROSE GARDENS sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 20 MELROSE GARDENS, 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 20 MELROSE GARDENS). 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 20 MELROSE GARDENS?

20 MELROSE GARDENS is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 20 on MELROSE GARDENS.