21, LEADERS WAY, NEWMARKET, CB8 0DP - £320,000

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

21 LEADERS WAY is a very small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £320,000 in February 2023, which was around 31% below the average February 2023 detached price in the West Suffolk local authority area. The most recent EPC inspection was August 2021, where the current energy rating was E, and the potential energy rating was B.

21 LEADERS WAY Sold Prices

Land registry data shows three sales for 21 LEADERS WAY 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. Two of the three 21 LEADERS WAY sales were for below the average price, whilst one was 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 14 FEB	£320,000	£460,502	31% below HPI
2002 22 FEB	£175,000	£163,274	7% above HPI
1996 20 SEP	£48,500	£83,552	42% below HPI

21 LEADERS 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 three 21 LEADERS WAY sales between September 1996 and February 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 February 2002 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 21 LEADERS WAY?

21 LEADERS WAY is 77m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 20% of detached houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Newmarket, and where 21 LEADERS WAY lies on this distribution: 15% of detached houses are smaller than 21 LEADERS WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

21 LEADERS WAY: Plot and Title Map

21 LEADERS WAY sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 21 LEADERS 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 21 LEADERS 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 21 LEADERS WAY?

21 LEADERS WAY is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 21 on LEADERS WAY.