3, PADDOCKS DRIVE, NEWMARKET, CB8 9BE - £450,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 PADDOCKS DRIVE is a large extended detached house of 135m², built sometime between 1967 and 1975, which could now be worth an estimated £469,853. It was last sold for £450,000 in February 2022, which was around 1% 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.

3 PADDOCKS DRIVE Sold Prices

Land registry data shows two sales for 3 PADDOCKS DRIVE since 1^st 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	£443,926	1% above HPI
2016 30 SEP	£371,000	£359,597	3% above HPI

3 PADDOCKS 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 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 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2022 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 3 PADDOCKS DRIVE be worth now?

3 PADDOCKS DRIVE might now be worth an estimated £469,853.

This is based on house price inflation of 4.4%, between February 2022 and December 2024, 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 4.4% inflationary increase is applied to the most recent sale price for 3 PADDOCKS DRIVE of £450,000 on 11th February 2022. For the value to have increased from £450,000 to £469,853 over the one year and two months to December 2024, the following assumptions must hold true:

• The value of 3 PADDOCKS DRIVE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The February 2022 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PADDOCKS DRIVE has not materially changed since February 2022.

How Large is 3 PADDOCKS DRIVE?

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 houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newmarket, and where 3 PADDOCKS DRIVE lies on this distribution: 62% of detached houses houses are smaller than 3 PADDOCKS DRIVE, and 37% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

3 PADDOCKS DRIVE: Plot and Title Map

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.

Where is 3 PADDOCKS DRIVE?

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