557, NEWMARKET ROAD, CAMBRIDGE, CB5 8PA - £535,000

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

557 NEWMARKET ROAD is a small detached house of 113m², built sometime between 1900 and 1929. It was last sold for £535,000 in December 2021, which was around 40% below the average December 2021 detached price in the Cambridge local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

557 NEWMARKET ROAD Sold Prices

Land registry data shows two sales for 557 NEWMARKET ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cambridge local authority area for the corresponding sale date. Both of the two 557 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
2021 3 DEC	£535,000	£895,731	40% below HPI
2009 23 OCT	£240,000	£484,315	50% below HPI

557 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 two 557 NEWMARKET ROAD sales from October 2009 and December 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 October 2009 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the December 2021 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 557 NEWMARKET ROAD?

557 NEWMARKET ROAD is 113m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 40% of detached houses in Cambridge, based on EPC data. The below chart shows the distribution of detached houses by size in Cambridge, and where 557 NEWMARKET ROAD lies on this distribution: 36% of detached houses are smaller than 557 NEWMARKET ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

557 NEWMARKET ROAD: Plot and Title Map

557 NEWMARKET ROAD sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of 557 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 557 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 557 NEWMARKET ROAD?

557 NEWMARKET ROAD is located in CAMBRIDGE, in the CB5 postcode district. The below map shows the position of No. 557 on NEWMARKET ROAD.