39, DERBY WAY, NEWMARKET, CB8 0DD - £225,501

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

39 DERBY WAY is a very small detached house of 58m², built sometime between 1983 and 1990. It was last sold for £225,501 in September 2017, which was around 40% below the average September 2017 detached price in the West Suffolk local authority area. The most recent EPC inspection was May 2017, where the current energy rating was F, and the potential energy rating was B.

39 DERBY WAY Sold Prices

Land registry data shows two sales for 39 DERBY 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 39 DERBY 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
2017 8 SEP	£225,501	£377,660	40% below HPI
1998 18 MAY	£63,000	£97,524	35% below HPI

39 DERBY 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 39 DERBY WAY sales from May 1998 and September 2017 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 May 1998 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2017 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 39 DERBY WAY?

39 DERBY WAY is 58m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of detached houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Newmarket, and where 39 DERBY WAY lies on this distribution: 2% of detached houses are smaller than 39 DERBY WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

39 DERBY WAY: Plot and Title Map

39 DERBY WAY sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 39 DERBY 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 39 DERBY 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 39 DERBY WAY?

39 DERBY WAY is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 39 on DERBY WAY.