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

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.

41 ELIZABETH AVENUE is a very small detached house of 56m², built sometime between 1950 and 1966, which could now be worth an estimated £301,656. It was last sold for £295,000 in December 2021, which was around 33% 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	£440,576	33% below HPI
1995 21 FEB	£69,500	£80,952	14% 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 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 41 ELIZABETH AVENUE be worth now?

41 ELIZABETH AVENUE might now be worth an estimated £301,656.

This is based on house price inflation of 2.3%, between December 2021 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 2.3% inflationary increase is applied to the most recent sale price for 41 ELIZABETH AVENUE of £295,000 on 8th December 2021. For the value to have increased from £295,000 to £301,656 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 41 ELIZABETH AVENUE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The December 2021 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 41 ELIZABETH AVENUE has not materially changed since December 2021.

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 houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newmarket, and where 41 ELIZABETH AVENUE lies on this distribution: 1% of detached houses 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.