Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
20 NEWMARKET ROAD is a very large extended detached house of 249m², built sometime between 2003 and 2006. It was last sold for £895,000 in July 2023, which was around 99% above the average July 2023 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 20 NEWMARKET ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the four 20 NEWMARKET ROAD 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 |
---|---|---|---|
2023 27 JUL | £895,000 | £448,697 | 99% above HPI |
2007 12 JUL | £685,000 | £261,881 | 162% above HPI |
2005 1 JUL | £325,000 | £224,291 | 45% above HPI |
2001 18 DEC | £200,000 | £152,970 | 31% above HPI |
The below graph shows the average detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The four 20 NEWMARKET ROAD sales between December 2001 and July 2023 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 July 2007 sale was for 162% above the HPI. So the extrapolation line tracks at 162% above the HPI over time, until the July 2023 sale, where it falls to 99% above the HPI. The line then continues to track at 99% above the HPI.
20 NEWMARKET ROAD is 249m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 20% of detached houses in Cheveley, based on EPC data. The below chart shows the distribution of detached houses by size in Cheveley, and where 20 NEWMARKET ROAD lies on this distribution: 87% of detached houses are smaller than 20 NEWMARKET ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Cheveley.
20 NEWMARKET ROAD sits on a plot of roughly 0.224 of an acre, or 905m². The below map shows the location of 20 NEWMARKET ROAD, 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 NEWMARKET ROAD). 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.
20 NEWMARKET ROAD is located in CHEVELEY, in the CB8 postcode district. The below map shows the position of No. 20 on NEWMARKET ROAD.