53, NEW CHEVELEY ROAD, NEWMARKET, CB8 8BG - £320,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

53 NEW CHEVELEY ROAD is a very small detached house of 73m², built sometime between 1996 and 2002. It was last sold for £320,000 in March 2021, which was around 19% below the average March 2021 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

53 NEW CHEVELEY ROAD Sold Prices

Land registry data shows three sales for 53 NEW CHEVELEY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. The three 53 NEW CHEVELEY ROAD sales were a mix of below the average price, and roughly equal to 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
2021 11 MAR	£320,000	£396,015	19% below HPI
2008 30 MAY	£245,000	£244,034	Close to HPI
2001 13 MAR	£123,000	£131,568	7% below HPI

53 NEW CHEVELEY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The three 53 NEW CHEVELEY ROAD sales between March 2001 and March 2021 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 2008 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 53 NEW CHEVELEY ROAD?

53 NEW CHEVELEY ROAD is 73m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% 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 NEW CHEVELEY ROAD lies on this distribution: 12% of detached houses are smaller than 53 NEW CHEVELEY ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

53 NEW CHEVELEY ROAD: Plot and Title Map

53 NEW CHEVELEY ROAD sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 53 NEW CHEVELEY ROAD, 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 NEW CHEVELEY ROAD). 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 NEW CHEVELEY ROAD?

53 NEW CHEVELEY ROAD is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 53 on NEW CHEVELEY ROAD.