588, NEWMARKET ROAD, CAMBRIDGE, CB5 8LP - £450,000

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

588 NEWMARKET ROAD is a very large extended detached house of 208m², built sometime between 1930 and 1949. It was last sold for £450,000 in June 2010, which was around 10% below the average June 2010 detached price in the Cambridge local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

588 NEWMARKET ROAD Sold Prices

Land registry data shows two sales for 588 NEWMARKET ROAD since 1st 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. One of the two 588 NEWMARKET ROAD sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2010
25 JUN
£450,000£499,261
down arrow
10% below HPI
1999
8 MAR
£216,500£205,119
up arrow
6% above HPI

588 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 588 NEWMARKET ROAD sales from March 1999 and June 2010 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 March 1999 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the June 2010 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

588, NEWMARKET ROAD, CAMBRIDGE, CB5 8LP: Price paid vs HM Land Registry's House Price Index

How Large is 588 NEWMARKET ROAD?

588 NEWMARKET ROAD is 208m², which includes three extensions, according to the EPC inspection conducted in February 2013. This puts it in the largest 20% of detached houses in Cambridge, based on EPC data. The below chart shows the distribution of detached houses by size in Cambridge, and where 588 NEWMARKET ROAD lies on this distribution: 84% of detached houses are smaller than 588 NEWMARKET ROAD, and 16% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

588, NEWMARKET ROAD, CAMBRIDGE, CB5 8LP: Size of property relative to detached houses in Cambridge

588 NEWMARKET ROAD: Plot and Title Map

588 NEWMARKET ROAD sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 588 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 588 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.

588, NEWMARKET ROAD, CAMBRIDGE, CB5 8LP: Plot and title map

Where is 588 NEWMARKET ROAD?

588 NEWMARKET ROAD is located in CAMBRIDGE, in the CB5 postcode district. The below map shows the position of No. 588 on NEWMARKET ROAD.

588, NEWMARKET ROAD, CAMBRIDGE, CB5 8LP: Location map and indicative extent of plot

All sales of detached houses on NEWMARKET ROAD

666, NEWMARKET ROAD, CAMBRIDGE, CB5 8RS
2022
14 JUL
£550,000
579, NEWMARKET ROAD, CAMBRIDGE, CB5 8PA
2022
17 JUN
£500,000
625, NEWMARKET ROAD, CAMBRIDGE, CB5 8PA
2020
30 OCT
£504,000
559A, NEWMARKET ROAD, CAMBRIDGE, CB5 8PA
2019
19 JUN
£435,000
555B, NEWMARKET ROAD, CAMBRIDGE, CB5 8PA
2017
13 JUL
£575,000
698A, NEWMARKET ROAD, CAMBRIDGE, CB5 8RS
2012
23 JAN
£275,000
588, NEWMARKET ROAD, CAMBRIDGE, CB5 8LP
2010
25 JUN
£450,000
554, NEWMARKET ROAD, CAMBRIDGE, CB5 8LL
2009
13 NOV
£275,000
2, NEWMARKET ROAD, CAMBRIDGE, CB5 8DT
2008
22 FEB
£500,000
585, NEWMARKET ROAD, CAMBRIDGE, CB5 8PA
2007
19 MAR
£375,000
577, NEWMARKET ROAD, CAMBRIDGE, CB5 8PA
2006
21 DEC
£269,000
623, NEWMARKET ROAD, CAMBRIDGE, CB5 8PA
2006
28 NOV
£360,000
132 - 134, NEWMARKET ROAD, CAMBRIDGE, CB5 8HE
2006
30 OCT
£415,000
12, NEWMARKET ROAD, CAMBRIDGE, CB5 8DT
2006
10 MAY
£430,000
17, NEWMARKET ROAD, CAMBRIDGE, CB5 8EG
2004
13 AUG
£395,000
355, NEWMARKET ROAD, CAMBRIDGE, CB5 8JG
2004
4 JUN
£178,500
400, NEWMARKET ROAD, CAMBRIDGE, CB5 8JH
2004
27 FEB
£175,000
529D, NEWMARKET ROAD, CAMBRIDGE, CB5 8PA
2002
20 SEP
£134,000
664, NEWMARKET ROAD, CAMBRIDGE, CB5 8RS
2002
14 MAR
£300,000
237, NEWMARKET ROAD, CAMBRIDGE, CB5 8JE
2000
14 JAN
£82,500
536, NEWMARKET ROAD, CAMBRIDGE, CB5 8LL
1999
26 NOV
£124,000
128, NEWMARKET ROAD, CAMBRIDGE, CB5 8HE
1999
14 OCT
£155,973
588, NEWMARKET ROAD, CAMBRIDGE, CB5 8LP
1999
8 MAR
£216,500
235, NEWMARKET ROAD, CAMBRIDGE, CB5 8JE
1998
1 OCT
£57,000
609, NEWMARKET ROAD, CAMBRIDGE, CB5 8PA
1997
1 JUL
£130,000
611, NEWMARKET ROAD, CAMBRIDGE, CB5 8PA
1997
30 JUN
£100,000
536, NEWMARKET ROAD, CAMBRIDGE, CB5 8LL
1996
29 OCT
£75,250
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.