4, SUFFOLK WAY, NEWMARKET, CB8 0DY - £346,000

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 SUFFOLK WAY is a small detached house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £405,303. It was last sold for £346,000 in November 2018, which was around 10% below the average November 2018 detached price in the West Suffolk local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

4 SUFFOLK WAY Sold Prices

Land registry data shows two sales for 4 SUFFOLK 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 SUFFOLK 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
2018 30 NOV	£346,000	£384,598	10% below HPI
2005 25 JUL	£204,950	£243,942	16% below HPI

4 SUFFOLK 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 SUFFOLK WAY sales from July 2005 and November 2018 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 July 2005 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2018 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 4 SUFFOLK WAY be worth now?

4 SUFFOLK WAY might now be worth an estimated £405,303.

This is based on house price inflation of 17.1%, between November 2018 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 17.1% inflationary increase is applied to the most recent sale price for 4 SUFFOLK WAY of £346,000 on 30th November 2018. For the value to have increased from £346,000 to £405,303 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 SUFFOLK WAY has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The November 2018 sale price of £346,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SUFFOLK WAY has not materially changed since November 2018.

How Large is 4 SUFFOLK WAY?

4 SUFFOLK WAY is 93m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 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 SUFFOLK WAY lies on this distribution: 30% of detached houses houses are smaller than 4 SUFFOLK WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

4 SUFFOLK WAY: Plot and Title Map

4 SUFFOLK WAY sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 4 SUFFOLK 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 SUFFOLK 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 SUFFOLK WAY?

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