41, ELIZABETH AVENUE, NEWMARKET, CB8 0DJ - £295,000

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

41 ELIZABETH AVENUE is a very small detached house of 56m², built sometime between 1950 and 1966. It was last sold for £295,000 in December 2021, which was around 32% below the average December 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.

41 ELIZABETH AVENUE Sold Prices

Land registry data shows two sales for 41 ELIZABETH AVENUE 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 41 ELIZABETH AVENUE 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
2021 8 DEC	£295,000	£434,943	32% below HPI
1995 21 FEB	£69,500	£79,917	13% below HPI

41 ELIZABETH AVENUE 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 41 ELIZABETH AVENUE sales from February 1995 and December 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 February 1995 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 41 ELIZABETH AVENUE?

41 ELIZABETH AVENUE is 56m² according to the EPC inspection conducted in April 2021. 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 41 ELIZABETH AVENUE lies on this distribution: 1% of detached houses are smaller than 41 ELIZABETH AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

41 ELIZABETH AVENUE: Plot and Title Map

41 ELIZABETH AVENUE sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 41 ELIZABETH AVENUE, 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 41 ELIZABETH AVENUE). 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 41 ELIZABETH AVENUE?

41 ELIZABETH AVENUE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 41 on ELIZABETH AVENUE.