3, THE HIGHLANDS, EXNING, NEWMARKET, CB8 7NT - £450,000

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

3 THE HIGHLANDS is a large detached house of 178m², built sometime between 1983 and 1990. It was last sold for £450,000 in March 2021, which was around 11% above the average March 2021 detached price in the West Suffolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

3 THE HIGHLANDS Sold Prices

Land registry data shows three sales for 3 THE HIGHLANDS 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 THE HIGHLANDS 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
2021 4 MAR	£450,000	£405,097	11% above HPI
2012 10 AUG	£485,000	£267,212	82% above HPI
2004 25 AUG	£485,000	£237,921	104% above HPI

3 THE HIGHLANDS 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 THE HIGHLANDS sales between August 2004 and March 2021 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 August 2012 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the March 2021 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 3 THE HIGHLANDS?

3 THE HIGHLANDS is 178m² according to the EPC inspection conducted in July 2020. This puts it in the largest 30% of detached houses in Exning, based on EPC data. The below chart shows the distribution of detached houses by size in Exning, and where 3 THE HIGHLANDS lies on this distribution: 73% of detached houses are smaller than 3 THE HIGHLANDS, and 26% of houses are larger. Note that EPC data is not available for all properties in Exning.

3 THE HIGHLANDS: Plot and Title Map

3 THE HIGHLANDS sits on a plot of roughly 0.492 of an acre, or 1,991m². The below map shows the location of 3 THE HIGHLANDS, 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 THE HIGHLANDS). 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 THE HIGHLANDS?

3 THE HIGHLANDS is located in EXNING, in the CB8 postcode district. The below map shows the position of No. 3 on THE HIGHLANDS.