5, COLLINGS PLACE, NEWMARKET, CB8 0EX - £182,000

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.

5 COLLINGS PLACE is a midsized detached house of 107m², built sometime between 1976 and 1982, which could now be worth an estimated £366,222. It was last sold for £182,000 in May 2009, which was around 19% below the average May 2009 detached price in the West Suffolk local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

5 COLLINGS PLACE Sold Prices

Land registry data shows four sales for 5 COLLINGS PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the four 5 COLLINGS PLACE 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
2009 1 MAY	£182,000	£223,892	19% below HPI
2006 12 OCT	£229,950	£261,175	12% below HPI
2006 1 SEP	£192,000	£260,891	26% below HPI
2003 2 JUN	£197,000	£205,771	4% below HPI

5 COLLINGS PLACE 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 four 5 COLLINGS PLACE sales between June 2003 and May 2009 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 October 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2009 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 5 COLLINGS PLACE be worth now?

5 COLLINGS PLACE might now be worth an estimated £366,222.

This is based on house price inflation of 101.2%, between May 2009 and February 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 101.2% inflationary increase is applied to the most recent sale price for 5 COLLINGS PLACE of £182,000 on 1st May 2009. For the value to have increased from £182,000 to £366,222 over the sixteen years and three months to February 2025, the following assumptions must hold true:

• The value of 5 COLLINGS PLACE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The May 2009 sale price of £182,000 represented a fair market value for the property.
• The size, condition, and specification of 5 COLLINGS PLACE has not materially changed since May 2009.

How Large is 5 COLLINGS PLACE?

5 COLLINGS PLACE is 107m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 50% 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 5 COLLINGS PLACE lies on this distribution: 44% of detached houses houses are smaller than 5 COLLINGS PLACE, and 56% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

5 COLLINGS PLACE: Plot and Title Map

5 COLLINGS PLACE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 5 COLLINGS PLACE, 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 COLLINGS PLACE). 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 COLLINGS PLACE?

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