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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 PADDOCKS DRIVE is a small extended detached house of 102m², built sometime between 1967 and 1975. It was last sold for £400,000 in July 2016, which was around 15% 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	£346,771	15% above HPI
2010 27 AUG	£315,000	£260,713	21% above HPI
2005 6 OCT	£210,000	£242,973	14% 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 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the July 2016 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

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 in Newmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Newmarket, and where 5 PADDOCKS DRIVE lies on this distribution: 38% of detached 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.