6, PARK ROAD, CHEVELEY, NEWMARKET, CB8 9DF - £399,950

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

6 PARK ROAD is a small extended detached house of 99m², built sometime before 1900. It was last sold for £399,950 in July 2020, which was around 3% above the average July 2020 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was E.

6 PARK ROAD Sold Prices

Land registry data shows four sales for 6 PARK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. two of the four 6 PARK ROAD sales were for above the average price, and four 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
2020 31 JUL	£399,950	£386,753	3% above HPI
2010 3 SEP	£305,000	£247,677	23% above HPI
2001 20 JUL	£134,000	£143,870	7% below HPI
1998 27 NOV	£89,500	£100,111	11% below HPI

6 PARK 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 four 6 PARK ROAD sales between November 1998 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 September 2010 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the July 2020 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 6 PARK ROAD?

6 PARK ROAD is 99m², which includes two extensions, according to the EPC inspection conducted in April 2010. This puts it in the smallest 30% of detached houses in Cheveley, based on EPC data. The below chart shows the distribution of detached houses by size in Cheveley, and where 6 PARK ROAD lies on this distribution: 24% of detached houses are smaller than 6 PARK ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Cheveley.

6 PARK ROAD: Plot and Title Map

6 PARK ROAD sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 6 PARK 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 6 PARK 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 6 PARK ROAD?

6 PARK ROAD is located in CHEVELEY, in the CB8 postcode district. The below map shows the position of No. 6 on PARK ROAD.