3, JARVIS WAY, NEWMARKET, CB8 0DW - £330,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

3 JARVIS WAY is a very small detached house of 79m², built sometime between 1976 and 1982. It was last sold for £330,000 in September 2023, which was around 27% below the average September 2023 detached price in the West Suffolk local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

3 JARVIS WAY Sold Prices

Land registry data shows three sales for 3 JARVIS WAY 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 3 JARVIS WAY 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
2023 15 SEP	£330,000	£449,666	27% below HPI
2013 11 DEC	£235,500	£275,724	15% below HPI
2006 26 APR	£201,000	£239,985	16% below HPI

3 JARVIS WAY 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 3 JARVIS WAY sales between April 2006 and September 2023 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 December 2013 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 3 JARVIS WAY?

3 JARVIS WAY is 79m² according to the EPC inspection conducted in March 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 3 JARVIS WAY lies on this distribution: 17% of detached houses are smaller than 3 JARVIS WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

3 JARVIS WAY: Plot and Title Map

3 JARVIS WAY sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of 3 JARVIS 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 3 JARVIS 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 3 JARVIS WAY?

3 JARVIS WAY is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 3 on JARVIS WAY.