27, WRAGG DRIVE, NEWMARKET, CB8 7SD - £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

27 WRAGG DRIVE is a very small detached house of 60m², built sometime between 1976 and 1982. It was last sold for £320,000 in May 2021, which was around 20% below the average May 2021 detached price in the West Suffolk local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

27 WRAGG DRIVE Sold Prices

Land registry data shows three sales for 27 WRAGG DRIVE 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. All of the three 27 WRAGG DRIVE 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
2021 27 MAY	£320,000	£397,651	20% below HPI
2006 1 SEP	£200,000	£257,555	22% below HPI
2001 23 OCT	£129,000	£149,717	14% below HPI

27 WRAGG DRIVE 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 27 WRAGG DRIVE sales between October 2001 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 September 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 27 WRAGG DRIVE?

27 WRAGG DRIVE is 60m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 10% of detached houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Newmarket, and where 27 WRAGG DRIVE lies on this distribution: 4% of detached houses are smaller than 27 WRAGG DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

27 WRAGG DRIVE: Plot and Title Map

27 WRAGG DRIVE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 27 WRAGG DRIVE, 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 27 WRAGG DRIVE). 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 27 WRAGG DRIVE?

27 WRAGG DRIVE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 27 on WRAGG DRIVE.