48, EXETER ROAD, NEWMARKET, CB8 8LR - £590,000

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.

48 EXETER ROAD is a very large extended detached house of 263m², built sometime between 1900 and 1929, which could now be worth an estimated £708,160. It was last sold for £590,000 in May 2018, which was around 57% above the average May 2018 detached price in the West Suffolk local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

48 EXETER ROAD Sold Prices

Land registry data shows three sales for 48 EXETER 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 West Suffolk local authority area for the corresponding sale date. All of the three 48 EXETER ROAD sales were 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
2018 14 MAY	£590,000	£375,317	57% above HPI
2011 29 SEP	£460,000	£267,128	72% above HPI
2001 11 APR	£250,000	£137,769	81% above HPI

48 EXETER ROAD 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 three 48 EXETER ROAD sales between April 2001 and May 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 September 2011 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the May 2018 sale, where it falls to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might 48 EXETER ROAD be worth now?

48 EXETER ROAD might now be worth an estimated £708,160.

This is based on house price inflation of 20%, between May 2018 and July 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 20% inflationary increase is applied to the most recent sale price for 48 EXETER ROAD of £590,000 on 14th May 2018. For the value to have increased from £590,000 to £708,160 over the six years and ten months to July 2025, the following assumptions must hold true:

• The value of 48 EXETER ROAD has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The May 2018 sale price of £590,000 represented a fair market value for the property.
• The size, condition, and specification of 48 EXETER ROAD has not materially changed since May 2018.

How Large is 48 EXETER ROAD?

48 EXETER ROAD is 263m², which includes two extensions, according to the EPC inspection conducted in January 2018. This puts it in the largest 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 48 EXETER ROAD lies on this distribution: 95% of detached houses houses are smaller than 48 EXETER ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

48 EXETER ROAD: Plot and Title Map

48 EXETER ROAD sits on a plot of roughly 0.190 of an acre, or 769m². The below map shows the location of 48 EXETER 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 48 EXETER 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 48 EXETER ROAD?

48 EXETER ROAD is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 48 on EXETER ROAD.