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
22 NEWMARKET ROAD is a very large extended detached house of 203m², built sometime before 1900. It was last sold for £710,000 in September 2023, which was around 58% above the average September 2023 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 22 NEWMARKET ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the five 22 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 7 SEP | £710,000 | £449,448 | 58% above HPI |
2014 19 SEP | £390,000 | £298,793 | 31% above HPI |
2006 17 MAR | £330,000 | £218,213 | 51% above HPI |
2000 16 JUN | £185,000 | £124,794 | 48% above HPI |
1997 27 MAY | £131,000 | £84,281 | 55% 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 five 22 NEWMARKET ROAD sales between May 1997 and September 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 September 2014 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2023 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.
22 NEWMARKET ROAD is 203m², which includes three extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 20% of detached houses in Burwell, based on EPC data. The below chart shows the distribution of detached houses by size in Burwell, and where 22 NEWMARKET ROAD lies on this distribution: 88% of detached houses are smaller than 22 NEWMARKET ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Burwell.
22 NEWMARKET ROAD sits on a plot of roughly 0.151 of an acre, or 610m². The below map shows the location of 22 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 22 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.
22 NEWMARKET ROAD is located in BURWELL, in the CB25 postcode district. The below map shows the position of No. 22 on NEWMARKET ROAD.