5, HIGHAM ROAD, GAZELEY, NEWMARKET, CB8 8RE - £435,000

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 HIGHAM ROAD is a midsized detached house of 121m², built sometime between 1991 and 1995, which could now be worth an estimated £509,558. It was last sold for £435,000 in November 2018, which was around 13% above the average November 2018 detached price in the West Suffolk local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was D.

5 HIGHAM ROAD Sold Prices

Land registry data shows five sales for 5 HIGHAM ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the five 5 HIGHAM 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 16 NOV	£435,000	£384,598	13% above HPI
2010 24 NOV	£312,000	£267,580	17% above HPI
2000 18 OCT	£175,000	£138,290	27% above HPI
1999 11 AUG	£142,500	£112,103	27% above HPI
1997 23 MAY	£108,000	£84,774	27% above HPI

5 HIGHAM 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 five 5 HIGHAM ROAD sales between May 1997 and November 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 November 2010 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2018 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 5 HIGHAM ROAD be worth now?

5 HIGHAM ROAD might now be worth an estimated £509,558.

This is based on house price inflation of 17.1%, between November 2018 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 17.1% inflationary increase is applied to the most recent sale price for 5 HIGHAM ROAD of £435,000 on 16th November 2018. For the value to have increased from £435,000 to £509,558 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 HIGHAM ROAD has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The November 2018 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HIGHAM ROAD has not materially changed since November 2018.

How Large is 5 HIGHAM ROAD?

5 HIGHAM ROAD is 121m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 50% of detached houses houses in Gazeley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gazeley, and where 5 HIGHAM ROAD lies on this distribution: 43% of detached houses houses are smaller than 5 HIGHAM ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Gazeley.

5 HIGHAM ROAD: Plot and Title Map

5 HIGHAM ROAD sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 5 HIGHAM 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 5 HIGHAM 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 5 HIGHAM ROAD?

5 HIGHAM ROAD is located in GAZELEY, in the CB8 postcode district. The below map shows the position of No. 5 on HIGHAM ROAD.