3, PRINCESS WAY, NEWMARKET, CB8 0NX - £265,000

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 PRINCESS WAY is a very small extended detached house of 68m², built sometime between 1950 and 1966, which could now be worth an estimated £312,267. It was last sold for £265,000 in July 2020, which was around 33% below the average July 2020 detached price in the West Suffolk local authority area. The most recent EPC inspection was December 2019, where the current energy rating was E, and the potential energy rating was B.

3 PRINCESS WAY Sold Prices

Land registry data shows two sales for 3 PRINCESS WAY 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 PRINCESS 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
2020 31 JUL	£265,000	£393,350	33% below HPI
1999 30 NOV	£92,500	£119,482	23% below HPI

3 PRINCESS 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 two 3 PRINCESS WAY sales from November 1999 and July 2020 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 November 1999 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2020 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 3 PRINCESS WAY be worth now?

3 PRINCESS WAY might now be worth an estimated £312,267.

This is based on house price inflation of 17.8%, between July 2020 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 17.8% inflationary increase is applied to the most recent sale price for 3 PRINCESS WAY of £265,000 on 31st July 2020. For the value to have increased from £265,000 to £312,267 over the three years and seven months to December 2024, the following assumptions must hold true:

• The value of 3 PRINCESS WAY has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The July 2020 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PRINCESS WAY has not materially changed since July 2020.

How Large is 3 PRINCESS WAY?

3 PRINCESS WAY is 68m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% 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 PRINCESS WAY lies on this distribution: 9% of detached houses houses are smaller than 3 PRINCESS WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

3 PRINCESS WAY: Plot and Title Map

3 PRINCESS WAY sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 3 PRINCESS 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 PRINCESS 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 PRINCESS WAY?

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