32, NEWMARKET ROAD, CHEVELEY, NEWMARKET, CB8 9EQ - £700,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

32 NEWMARKET ROAD is a large extended detached house of 168m², built sometime from 2007 onwards. It was last sold for £700,000 in September 2023, which was around 56% above the average September 2023 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.

32 NEWMARKET ROAD Sold Prices

Land registry data shows four sales for 32 NEWMARKET ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the four 32 NEWMARKET ROAD 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
2023 13 SEP	£700,000	£449,448	56% above HPI
2014 18 MAR	£415,000	£276,258	50% above HPI
2007 24 AUG	£390,000	£257,726	51% above HPI
2005 12 JAN	£300,000	£218,375	37% above HPI

32 NEWMARKET ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The four 32 NEWMARKET ROAD sales between January 2005 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 March 2014 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the September 2023 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 32 NEWMARKET ROAD?

32 NEWMARKET ROAD is 168m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 40% of detached houses in Cheveley, based on EPC data. The below chart shows the distribution of detached houses by size in Cheveley, and where 32 NEWMARKET ROAD lies on this distribution: 62% of detached houses are smaller than 32 NEWMARKET ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Cheveley.

32 NEWMARKET ROAD: Plot and Title Map

32 NEWMARKET ROAD sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of 32 NEWMARKET ROAD, 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 32 NEWMARKET ROAD). 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 32 NEWMARKET ROAD?

32 NEWMARKET ROAD is located in CHEVELEY, in the CB8 postcode district. The below map shows the position of No. 32 on NEWMARKET ROAD.