4, CHALONER WAY, NEWMARKET, CB8 7GL - £650,000

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.

4 CHALONER WAY is a large detached house of 146m², built in 2019, which could now be worth an estimated £647,243. It was last sold for £650,000 in June 2023, which was around 44% above the average June 2023 detached price in the West Suffolk local authority area. The most recent EPC inspection was April 2022, where the current energy rating was B, and the potential energy rating was A.

4 CHALONER WAY Sold Prices

Land registry data shows two sales for 4 CHALONER 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 4 CHALONER WAY 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 15 JUN	£650,000	£452,436	44% above HPI
2021 30 JUN	£614,950	£405,279	52% above HPI

4 CHALONER 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 4 CHALONER WAY sales from June 2021 and June 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 June 2021 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the June 2023 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 4 CHALONER WAY be worth now?

4 CHALONER WAY might now be worth an estimated £647,243.

This is based on house price deflation of 0.4%, between June 2023 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 0.4% deflationary decrease is applied to the most recent sale price for 4 CHALONER WAY of £650,000 on 15th June 2023. For the value to have decreased from £650,000 to £647,243 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of 4 CHALONER WAY has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The June 2023 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CHALONER WAY has not materially changed since June 2023.

How Large is 4 CHALONER WAY?

4 CHALONER WAY is 146m² according to the EPC inspection conducted in April 2022. This puts it in the largest 40% 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 4 CHALONER WAY lies on this distribution: 68% of detached houses houses are smaller than 4 CHALONER WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

4 CHALONER WAY: Plot and Title Map

4 CHALONER WAY sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 4 CHALONER 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 4 CHALONER 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 4 CHALONER WAY?

4 CHALONER WAY is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 4 on CHALONER WAY.