Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
53 MEADOW LANE is a very large extended detached house of 346m², built sometime from 2007 onwards. It was last sold for £647,500 in October 2012, which was around 154% above the average October 2012 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows two sales for 53 MEADOW LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. Both of the two 53 MEADOW LANE 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 |
---|---|---|---|
2012 12 OCT | £647,500 | £254,850 | 154% above HPI |
2009 1 JUN | £710,000 | £212,419 | 234% above HPI |
The below graph shows the average detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The two 53 MEADOW LANE sales from June 2009 and October 2012 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 June 2009 sale was for 234% above the HPI. So the extrapolation line tracks at 234% above the HPI over time, until the October 2012 sale, where it falls to 154% above the HPI. The line then continues to track at 154% above the HPI.
53 MEADOW LANE is 346m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the largest 10% of detached houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Newmarket, and where 53 MEADOW LANE lies on this distribution: 98% of detached houses are smaller than 53 MEADOW LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Newmarket.
53 MEADOW LANE sits on a plot of roughly 0.248 of an acre, or 1,003m². The below map shows the location of 53 MEADOW LANE, 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 MEADOW LANE). 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.
53 MEADOW LANE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 53 on MEADOW LANE.