23, NORFOLK AVENUE, NEWMARKET, CB8 0DE - £345,000

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

23 NORFOLK AVENUE is a very small extended detached house of 77m², built sometime between 1967 and 1975. It was last sold for £345,000 in April 2024, which was around 23% below the average April 2024 detached price in the West Suffolk local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

23 NORFOLK AVENUE Sold Prices

Land registry data shows two sales for 23 NORFOLK AVENUE 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 23 NORFOLK AVENUE 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
2024 5 APR	£345,000	£449,730	23% below HPI
2019 24 MAY	£280,000	£381,106	27% below HPI

23 NORFOLK AVENUE 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 23 NORFOLK AVENUE sales from May 2019 and April 2024 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 May 2019 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2024 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 23 NORFOLK AVENUE?

23 NORFOLK AVENUE is 77m², which includes one extension, according to the EPC inspection conducted in July 2023. 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 23 NORFOLK AVENUE lies on this distribution: 15% of detached houses are smaller than 23 NORFOLK AVENUE, and 85% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

23 NORFOLK AVENUE: Plot and Title Map

23 NORFOLK AVENUE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 23 NORFOLK AVENUE, 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 23 NORFOLK AVENUE). 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 23 NORFOLK AVENUE?

23 NORFOLK AVENUE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 23 on NORFOLK AVENUE.