22, SUFFOLK WAY, NEWMARKET, CB8 0DY - £340,000

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.

22 SUFFOLK WAY is a small extended semi-detached house of 95m², built sometime between 1967 and 1975, which could now be worth an estimated £381,775. It was last sold for £340,000 in May 2021, which was around 37% above the average May 2021 semi-detached price in the West Suffolk local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

22 SUFFOLK WAY Sold Prices

Land registry data shows three sales for 22 SUFFOLK WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the West Suffolk local authority area for the corresponding sale date. Two of the three 22 SUFFOLK WAY sales were for above the average price, whilst one was 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
2021 13 MAY	£340,000	£247,912	37% above HPI
2015 22 APR	£192,500	£194,066	1% below HPI
2007 5 SEP	£215,000	£177,395	21% above HPI

22 SUFFOLK WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Suffolk local authority area over time, sourced from the HPI. The three 22 SUFFOLK WAY sales between September 2007 and May 2021 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 April 2015 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2021 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 22 SUFFOLK WAY be worth now?

22 SUFFOLK WAY might now be worth an estimated £381,775.

This is based on house price inflation of 12.3%, between May 2021 and February 2025, for semi-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 12.3% inflationary increase is applied to the most recent sale price for 22 SUFFOLK WAY of £340,000 on 13th May 2021. For the value to have increased from £340,000 to £381,775 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 22 SUFFOLK WAY has moved in line with the HPI for semi-detached houses in the West Suffolk local authority area.
• The May 2021 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 22 SUFFOLK WAY has not materially changed since May 2021.

How Large is 22 SUFFOLK WAY?

22 SUFFOLK WAY is 95m², which includes one extension, according to the EPC inspection conducted in December 2020. This puts it in the smallest 40% of semi-detached houses houses in Newmarket, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newmarket, and where 22 SUFFOLK WAY lies on this distribution: 32% of semi-detached houses houses are smaller than 22 SUFFOLK WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

22 SUFFOLK WAY: Plot and Title Map

22 SUFFOLK WAY sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 22 SUFFOLK 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 22 SUFFOLK 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 22 SUFFOLK WAY?

22 SUFFOLK WAY is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 22 on SUFFOLK WAY.