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 PADDOCKS DRIVE is a large extended detached house of 135m², built sometime between 1967 and 1975. It was last sold for £450,000 in February 2022, which was around 3% above the average February 2022 detached price in the West Suffolk local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 3 PADDOCKS DRIVE since 1st 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 3 PADDOCKS DRIVE 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 |
---|---|---|---|
2022 11 FEB | £450,000 | £438,971 | ![]() 3% above HPI |
2016 30 SEP | £371,000 | £355,000 | ![]() 5% above HPI |
The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The two 3 PADDOCKS DRIVE sales from September 2016 and February 2022 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 2016 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2022 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.
3 PADDOCKS DRIVE is 135m², which includes three extensions, according to the EPC inspection conducted in November 2021. This puts it in the largest 40% 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 PADDOCKS DRIVE lies on this distribution: 63% of detached houses are smaller than 3 PADDOCKS DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Newmarket.
3 PADDOCKS DRIVE sits on a plot of roughly 0.163 of an acre, or 660m². The below map shows the location of 3 PADDOCKS 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 3 PADDOCKS 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.
3 PADDOCKS DRIVE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 3 on PADDOCKS DRIVE.