Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources
4 MURRAY PARK is a very large extended detached house of 265m², built sometime between 2007 and 2011. It was last sold for £930,000 in September 2021, which was around 127% above the average September 2021 detached price in the West Suffolk local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 4 MURRAY PARK since 1st 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 MURRAY PARK 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 10 SEP | £930,000 | £410,458 | ![]() 127% above HPI |
2006 24 NOV | £695,000 | £260,833 | ![]() 166% above HPI |
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 MURRAY PARK sales from November 2006 and September 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 November 2006 sale was for 166% above the HPI. So the extrapolation line tracks at 166% above the HPI over time, until the September 2021 sale, where it falls to 127% above the HPI. The line then continues to track at 127% above the HPI.
4 MURRAY PARK is 265m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the largest 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 4 MURRAY PARK lies on this distribution: 95% of detached houses are smaller than 4 MURRAY PARK, and 4% of houses are larger. Note that EPC data is not available for all properties in Newmarket.
4 MURRAY PARK sits on a plot of roughly 0.231 of an acre, or 935m². The below map shows the location of 4 MURRAY PARK, 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 MURRAY PARK). 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.
4 MURRAY PARK is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 4 on MURRAY PARK.