5, BRAZILIAN TERRACE, NEWMARKET, CB8 0JU - £242,500

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.

5 BRAZILIAN TERRACE is a small extended terraced house of 84m², built sometime before 1900, which could now be worth an estimated £289,926. It was last sold for £242,500 in June 2019, which was around 25% above the average June 2019 terraced price in the West Suffolk local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

5 BRAZILIAN TERRACE Sold Prices

Land registry data shows four sales for 5 BRAZILIAN TERRACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the West Suffolk local authority area for the corresponding sale date. All of the four 5 BRAZILIAN TERRACE 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
2019 27 JUN	£242,500	£193,642	25% above HPI
2016 11 MAR	£175,000	£169,717	3% above HPI
2006 13 JUL	£163,500	£127,108	29% above HPI
1999 7 DEC	£93,500	£54,461	72% above HPI

5 BRAZILIAN TERRACE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Suffolk local authority area over time, sourced from the HPI. The four 5 BRAZILIAN TERRACE sales between December 1999 and June 2019 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 2016 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2019 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 5 BRAZILIAN TERRACE be worth now?

5 BRAZILIAN TERRACE might now be worth an estimated £289,926.

This is based on house price inflation of 19.6%, between June 2019 and June 2025, for terraced 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 19.6% inflationary increase is applied to the most recent sale price for 5 BRAZILIAN TERRACE of £242,500 on 27th June 2019. For the value to have increased from £242,500 to £289,926 over the six years to June 2025, the following assumptions must hold true:

• The value of 5 BRAZILIAN TERRACE has moved in line with the HPI for terraced houses in the West Suffolk local authority area.
• The June 2019 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 5 BRAZILIAN TERRACE has not materially changed since June 2019.

How Large is 5 BRAZILIAN TERRACE?

5 BRAZILIAN TERRACE is 84m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the smallest 30% of terraced houses houses in Newmarket, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Newmarket, and where 5 BRAZILIAN TERRACE lies on this distribution: 21% of terraced houses houses are smaller than 5 BRAZILIAN TERRACE, and 77% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

5 BRAZILIAN TERRACE: Plot and Title Map

5 BRAZILIAN TERRACE sits on a plot of roughly 0.022 of an acre, or 91m². The below map shows the location of 5 BRAZILIAN TERRACE, 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 5 BRAZILIAN TERRACE). 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 5 BRAZILIAN TERRACE?

5 BRAZILIAN TERRACE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 5 on BRAZILIAN TERRACE.