43, NEW CHEVELEY ROAD, NEWMARKET, CB8 8BG - £320,000

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

43 NEW CHEVELEY ROAD is a very small extended detached house of 67m², built sometime between 1930 and 1949. It was last sold for £320,000 in August 2016, which was around 9% below the average August 2016 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was D.

43 NEW CHEVELEY ROAD Sold Prices

Land registry data shows three sales for 43 NEW CHEVELEY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the three 43 NEW CHEVELEY ROAD 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
2016 25 AUG	£320,000	£352,477	9% below HPI
2013 4 JUL	£135,000	£254,930	47% below HPI
2001 22 FEB	£73,500	£132,188	44% below HPI

43 NEW CHEVELEY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The three 43 NEW CHEVELEY ROAD sales between February 2001 and August 2016 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 2013 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the August 2016 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 43 NEW CHEVELEY ROAD?

43 NEW CHEVELEY ROAD is 67m², which includes one extension, according to the EPC inspection conducted in February 2009. 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 43 NEW CHEVELEY ROAD lies on this distribution: 10% of detached houses are smaller than 43 NEW CHEVELEY ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

43 NEW CHEVELEY ROAD: Plot and Title Map

43 NEW CHEVELEY ROAD sits on a plot of roughly 0.090 of an acre, or 362m². The below map shows the location of 43 NEW CHEVELEY ROAD, 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 43 NEW CHEVELEY ROAD). 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 43 NEW CHEVELEY ROAD?

43 NEW CHEVELEY ROAD is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 43 on NEW CHEVELEY ROAD.