28, ELIZABETH AVENUE, NEWMARKET, CB8 0DJ - £315,000

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.

28 ELIZABETH AVENUE is a very small extended detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £365,838. It was last sold for £315,000 in March 2019, which was around 18% below the average March 2019 detached price in the West Suffolk local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

28 ELIZABETH AVENUE Sold Prices

Land registry data shows four sales for 28 ELIZABETH AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the four 28 ELIZABETH 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
2019 29 MAR	£315,000	£386,383	18% below HPI
2013 18 OCT	£250,000	£277,505	10% below HPI
2012 10 AUG	£179,200	£270,672	34% below HPI
1997 9 JUN	£61,000	£86,950	30% below HPI

28 ELIZABETH 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 four 28 ELIZABETH AVENUE sales between June 1997 and March 2019 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 October 2013 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 28 ELIZABETH AVENUE be worth now?

28 ELIZABETH AVENUE might now be worth an estimated £365,838.

This is based on house price inflation of 16.1%, between March 2019 and March 2025, for 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 16.1% inflationary increase is applied to the most recent sale price for 28 ELIZABETH AVENUE of £315,000 on 29th March 2019. For the value to have increased from £315,000 to £365,838 over the six years to March 2025, the following assumptions must hold true:

• The value of 28 ELIZABETH AVENUE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The March 2019 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 28 ELIZABETH AVENUE has not materially changed since March 2019.

How Large is 28 ELIZABETH AVENUE?

28 ELIZABETH AVENUE is 81m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 20% of detached houses houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newmarket, and where 28 ELIZABETH AVENUE lies on this distribution: 19% of detached houses houses are smaller than 28 ELIZABETH AVENUE, and 80% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

28 ELIZABETH AVENUE: Plot and Title Map

28 ELIZABETH AVENUE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 28 ELIZABETH 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 28 ELIZABETH 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 28 ELIZABETH AVENUE?

28 ELIZABETH AVENUE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 28 on ELIZABETH AVENUE.