57, THE AVENUE, NEWMARKET, CB8 9AY - £285,000

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

57 THE AVENUE is a very small detached house of 76m², built sometime between 1950 and 1966. It was last sold for £285,000 in July 2020, which was around 27% below the average July 2020 detached price in the West Suffolk local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

57 THE AVENUE Sold Prices

Land registry data shows three sales for 57 THE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. The three 57 THE AVENUE 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
2020 31 JUL	£285,000	£388,321	27% below HPI
2006 27 JAN	£240,000	£241,110	Close to HPI
2005 24 MAY	£220,000	£232,549	5% below HPI

57 THE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The three 57 THE AVENUE sales between May 2005 and July 2020 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 January 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2020 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 57 THE AVENUE?

57 THE AVENUE is 76m² according to the EPC inspection conducted in September 2019. 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 57 THE AVENUE lies on this distribution: 14% of detached houses are smaller than 57 THE AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

57 THE AVENUE: Plot and Title Map

57 THE AVENUE sits on a plot of roughly 0.193 of an acre, or 780m². The below map shows the location of 57 THE AVENUE, 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 57 THE AVENUE). 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 57 THE AVENUE?

57 THE AVENUE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 57 on THE AVENUE.