41, LEADERS WAY, NEWMARKET, CB8 0DP - £241,000

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

41 LEADERS WAY is a midsized extended detached house of 126m², built sometime between 1967 and 1975. It was last sold for £241,000 in April 2012, which was around 6% below the average April 2012 detached price in the West Suffolk local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was D.

41 LEADERS WAY Sold Prices

Land registry data shows two sales for 41 LEADERS 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. One of the two 41 LEADERS WAY sales was for below the average price, whilst the other was 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
2012 27 APR	£241,000	£255,319	6% below HPI
2006 31 MAR	£265,000	£239,120	11% above HPI

41 LEADERS 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 41 LEADERS WAY sales from March 2006 and April 2012 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 March 2006 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the April 2012 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 41 LEADERS WAY?

41 LEADERS WAY is 126m², which includes two extensions, according to the EPC inspection conducted in November 2010. This puts it in the largest 50% 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 LEADERS WAY lies on this distribution: 58% of detached houses are smaller than 41 LEADERS WAY, and 42% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

41 LEADERS WAY: Plot and Title Map

41 LEADERS WAY sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 41 LEADERS 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 41 LEADERS 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 41 LEADERS WAY?

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