552, NEWMARKET ROAD, CAMBRIDGE, CB5 8LL - £325,000

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

552 NEWMARKET ROAD is a midsized extended detached house of 132m², built sometime between 1930 and 1949. It was last sold for £325,000 in October 2006, which was around 29% below the average October 2006 detached price in the Cambridge local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

552 NEWMARKET ROAD Sold Prices

Land registry data shows three sales for 552 NEWMARKET 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 Cambridge local authority area for the corresponding sale date. All of the three 552 NEWMARKET ROAD sales were 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
2006 2 OCT	£325,000	£460,885	29% below HPI
2004 29 OCT	£250,000	£416,264	40% below HPI
1995 30 NOV	£75,000	£147,275	49% below HPI

552 NEWMARKET ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cambridge local authority area over time, sourced from the HPI. The three 552 NEWMARKET ROAD sales between November 1995 and October 2006 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 October 2004 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2006 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 552 NEWMARKET ROAD?

552 NEWMARKET ROAD is 132m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the largest 50% of detached houses in Cambridge, based on EPC data. The below chart shows the distribution of detached houses by size in Cambridge, and where 552 NEWMARKET ROAD lies on this distribution: 51% of detached houses are smaller than 552 NEWMARKET ROAD, and 49% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

552 NEWMARKET ROAD: Plot and Title Map

552 NEWMARKET ROAD sits on a plot of roughly 0.145 of an acre, or 589m². The below map shows the location of 552 NEWMARKET 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 552 NEWMARKET 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 552 NEWMARKET ROAD?

552 NEWMARKET ROAD is located in CAMBRIDGE, in the CB5 postcode district. The below map shows the position of No. 552 on NEWMARKET ROAD.