38, CHAPEL STREET, EXNING, NEWMARKET, CB8 7HB - £187,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

38 CHAPEL STREET is a very small extended detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £344,865. It was last sold for £187,000 in October 2009, which was around 23% below the average October 2009 detached price in the West Suffolk local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

38 CHAPEL STREET Sold Prices

Land registry data shows three sales for 38 CHAPEL STREET 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 38 CHAPEL STREET 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
2009 16 OCT	£187,000	£244,289	23% below HPI
2005 9 NOV	£195,000	£243,901	20% below HPI
2004 2 JUL	£165,000	£234,005	29% below HPI

38 CHAPEL STREET 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 38 CHAPEL STREET sales between July 2004 and October 2009 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 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2009 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 38 CHAPEL STREET be worth now?

38 CHAPEL STREET might now be worth an estimated £344,865.

This is based on house price inflation of 84.4%, between October 2009 and February 2025, 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 84.4% inflationary increase is applied to the most recent sale price for 38 CHAPEL STREET of £187,000 on 16th October 2009. For the value to have increased from £187,000 to £344,865 over the sixteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 38 CHAPEL STREET has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The October 2009 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of 38 CHAPEL STREET has not materially changed since October 2009.

How Large is 38 CHAPEL STREET?

38 CHAPEL STREET is 84m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the smallest 10% of detached houses houses in Exning, based on EPC data. The below chart shows the distribution of detached houses houses by size in Exning, and where 38 CHAPEL STREET lies on this distribution: 5% of detached houses houses are smaller than 38 CHAPEL STREET, and 95% of houses are larger. Note that EPC data is not available for all properties in Exning.

38 CHAPEL STREET: Plot and Title Map

38 CHAPEL STREET sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 38 CHAPEL STREET, 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 38 CHAPEL STREET). 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 38 CHAPEL STREET?

38 CHAPEL STREET is located in EXNING, in the CB8 postcode district. The below map shows the position of No. 38 on CHAPEL STREET.