5, PADDOCKS DRIVE, NEWMARKET, CB8 9BE - £400,000

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 PADDOCKS DRIVE is a small extended detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £519,817. It was last sold for £400,000 in July 2016, which was around 14% above the average July 2016 detached price in the West Suffolk local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

5 PADDOCKS DRIVE Sold Prices

Land registry data shows three sales for 5 PADDOCKS DRIVE 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. Two of the three 5 PADDOCKS DRIVE sales were for above the average price, whilst one was 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
2016 1 JUL	£400,000	£351,262	14% above HPI
2010 27 AUG	£315,000	£264,089	19% above HPI
2005 6 OCT	£210,000	£246,120	15% below HPI

5 PADDOCKS DRIVE 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 5 PADDOCKS DRIVE sales between October 2005 and July 2016 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 August 2010 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the July 2016 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 5 PADDOCKS DRIVE be worth now?

5 PADDOCKS DRIVE might now be worth an estimated £519,817.

This is based on house price inflation of 30%, between July 2016 and June 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 30% inflationary increase is applied to the most recent sale price for 5 PADDOCKS DRIVE of £400,000 on 1st July 2016. For the value to have increased from £400,000 to £519,817 over the nine years and one month to June 2025, the following assumptions must hold true:

• The value of 5 PADDOCKS DRIVE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The July 2016 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PADDOCKS DRIVE has not materially changed since July 2016.

How Large is 5 PADDOCKS DRIVE?

5 PADDOCKS DRIVE is 102m², which includes three extensions, according to the EPC inspection conducted in March 2016. This puts it in the smallest 40% 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 PADDOCKS DRIVE lies on this distribution: 38% of detached houses houses are smaller than 5 PADDOCKS DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

5 PADDOCKS DRIVE: Plot and Title Map

5 PADDOCKS DRIVE sits on a plot of roughly 0.170 of an acre, or 686m². The below map shows the location of 5 PADDOCKS DRIVE, 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 PADDOCKS DRIVE). 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 PADDOCKS DRIVE?

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