53, LEADERS WAY, NEWMARKET, CB8 0DP - £295,000

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.

53 LEADERS WAY is a midsized semi-detached house of 105m², built sometime between 1967 and 1975, which could now be worth an estimated £406,127. It was last sold for £295,000 in December 2015, which was around 45% above the average December 2015 semi-detached price in the West Suffolk local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

53 LEADERS WAY Sold Prices

Land registry data shows three sales for 53 LEADERS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the West Suffolk local authority area for the corresponding sale date. All of the three 53 LEADERS WAY 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
2015 2 DEC	£295,000	£203,132	45% above HPI
2011 2 SEP	£222,500	£163,713	36% above HPI
1995 21 JUL	£72,500	£48,543	49% above HPI

53 LEADERS WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Suffolk local authority area over time, sourced from the HPI. The three 53 LEADERS WAY sales between July 1995 and December 2015 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 September 2011 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the December 2015 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 53 LEADERS WAY be worth now?

53 LEADERS WAY might now be worth an estimated £406,127.

This is based on house price inflation of 37.7%, between December 2015 and March 2025, for semi-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 37.7% inflationary increase is applied to the most recent sale price for 53 LEADERS WAY of £295,000 on 2nd December 2015. For the value to have increased from £295,000 to £406,127 over the ten years and nine months to March 2025, the following assumptions must hold true:

• The value of 53 LEADERS WAY has moved in line with the HPI for semi-detached houses in the West Suffolk local authority area.
• The December 2015 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 53 LEADERS WAY has not materially changed since December 2015.

How Large is 53 LEADERS WAY?

53 LEADERS WAY is 105m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 50% of semi-detached houses houses in Newmarket, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newmarket, and where 53 LEADERS WAY lies on this distribution: 42% of semi-detached houses houses are smaller than 53 LEADERS WAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

53 LEADERS WAY: Plot and Title Map

53 LEADERS WAY sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 53 LEADERS WAY, 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 53 LEADERS WAY). 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 53 LEADERS WAY?

53 LEADERS WAY is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 53 on LEADERS WAY.