5, PAGET PLACE, NEWMARKET, CB8 7DR - £299,995

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 PAGET PLACE is a midsized detached house of 110m², built sometime between 1950 and 1966, which could now be worth an estimated £401,519. It was last sold for £299,995 in February 2016, which was around 11% below the average February 2016 detached price in the West Suffolk local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

5 PAGET PLACE Sold Prices

Land registry data shows three sales for 5 PAGET PLACE 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 PAGET PLACE sales were for below the average price, whilst one was 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
2016 26 FEB	£299,995	£336,604	11% below HPI
2007 14 MAY	£245,000	£268,173	9% below HPI
2005 24 JUN	£245,500	£237,931	3% above HPI

5 PAGET 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 three 5 PAGET PLACE sales between June 2005 and February 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 May 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2016 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 5 PAGET PLACE be worth now?

5 PAGET PLACE might now be worth an estimated £401,519.

This is based on house price inflation of 33.8%, between February 2016 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 33.8% inflationary increase is applied to the most recent sale price for 5 PAGET PLACE of £299,995 on 26th February 2016. For the value to have increased from £299,995 to £401,519 over the nine years to February 2025, the following assumptions must hold true:

• The value of 5 PAGET PLACE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The February 2016 sale price of £299,995 represented a fair market value for the property.
• The size, condition, and specification of 5 PAGET PLACE has not materially changed since February 2016.

How Large is 5 PAGET PLACE?

5 PAGET PLACE is 110m² according to the EPC inspection conducted in May 2015. 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 PAGET PLACE lies on this distribution: 47% of detached houses houses are smaller than 5 PAGET PLACE, and 53% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

5 PAGET PLACE: Plot and Title Map

5 PAGET PLACE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 5 PAGET 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 PAGET 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 PAGET PLACE?

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