29, NEW CHEVELEY ROAD, NEWMARKET, CB8 8BG - £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

29 NEW CHEVELEY ROAD is a midsized extended detached house of 112m², built sometime between 1950 and 1966. It was last sold for £345,000 in September 2015, which was around 5% above the average September 2015 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

29 NEW CHEVELEY ROAD Sold Prices

Land registry data shows three sales for 29 NEW CHEVELEY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the three 29 NEW CHEVELEY 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
2015 21 SEP	£345,000	£328,785	5% above HPI
2004 31 MAR	£230,000	£203,377	13% above HPI
1999 8 JAN	£118,000	£102,191	15% above HPI

29 NEW CHEVELEY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The three 29 NEW CHEVELEY ROAD sales between January 1999 and September 2015 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 March 2004 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the September 2015 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 29 NEW CHEVELEY ROAD?

29 NEW CHEVELEY ROAD is 112m², which includes two extensions, according to the EPC inspection conducted in August 2016. This puts it in the smallest 50% of detached houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Newmarket, and where 29 NEW CHEVELEY ROAD lies on this distribution: 49% of detached houses are smaller than 29 NEW CHEVELEY ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

29 NEW CHEVELEY ROAD: Plot and Title Map

29 NEW CHEVELEY ROAD sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 29 NEW CHEVELEY 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 29 NEW CHEVELEY 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.

Where is 29 NEW CHEVELEY ROAD?

29 NEW CHEVELEY ROAD is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 29 on NEW CHEVELEY ROAD.