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
4 PADDOCKS DRIVE is a very large extended detached house of 187m², built sometime between 1967 and 1975. It was last sold for £342,500 in October 2013, which was around 25% above the average October 2013 detached price in the West Suffolk local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 4 PADDOCKS DRIVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the five 4 PADDOCKS DRIVE 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 |
---|---|---|---|
2013 25 OCT | £342,500 | £273,958 | 25% above HPI |
2004 3 JUN | £249,000 | £226,845 | 10% above HPI |
2001 22 FEB | £205,000 | £133,228 | 54% above HPI |
1999 26 APR | £140,000 | £107,733 | 30% above HPI |
1996 19 DEC | £120,000 | £83,781 | 43% 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 five 4 PADDOCKS DRIVE sales between December 1996 and October 2013 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 2004 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2013 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.
4 PADDOCKS DRIVE is 187m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the largest 20% 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 PADDOCKS DRIVE lies on this distribution: 83% of detached houses are smaller than 4 PADDOCKS DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Newmarket.
4 PADDOCKS DRIVE sits on a plot of roughly 0.153 of an acre, or 618m². The below map shows the location of 4 PADDOCKS DRIVE, 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 PADDOCKS DRIVE). 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 PADDOCKS DRIVE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 4 on PADDOCKS DRIVE.