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

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

48 EXETER ROAD is a very large extended detached house of 263m², built sometime between 1900 and 1929. It was last sold for £590,000 in May 2018, which was around 59% 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	£370,518	59% above HPI
2011 29 SEP	£460,000	£263,713	74% above HPI
2001 11 APR	£250,000	£136,008	84% 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 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the May 2018 sale, where it falls to 59% above the HPI. The line then continues to track at 59% above the HPI.

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 in Newmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Newmarket, and where 48 EXETER ROAD lies on this distribution: 95% of detached 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.