61, NOEL MURLESS DRIVE, NEWMARKET, CB8 7SA - £300,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

61 NOEL MURLESS DRIVE is a small extended detached house of 95m², built sometime between 1976 and 1982, which could now be worth an estimated £425,401. It was last sold for £300,000 in June 2015, which was around 6% below the average June 2015 detached price in the West Suffolk local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

61 NOEL MURLESS DRIVE Sold Prices

Land registry data shows four sales for 61 NOEL MURLESS DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the four 61 NOEL MURLESS DRIVE 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
2015 29 JUN	£300,000	£317,712	6% below HPI
2011 25 NOV	£232,000	£261,375	11% below HPI
2005 19 JAN	£218,000	£240,655	9% below HPI
2002 2 AUG	£173,500	£191,180	9% below HPI

61 NOEL MURLESS DRIVE 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 four 61 NOEL MURLESS DRIVE sales between August 2002 and June 2015 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 November 2011 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2015 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 61 NOEL MURLESS DRIVE be worth now?

61 NOEL MURLESS DRIVE might now be worth an estimated £425,401.

This is based on house price inflation of 41.8%, between June 2015 and February 2025, for detached houses, in the West Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.8% inflationary increase is applied to the most recent sale price for 61 NOEL MURLESS DRIVE of £300,000 on 29th June 2015. For the value to have increased from £300,000 to £425,401 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 61 NOEL MURLESS DRIVE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The June 2015 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 61 NOEL MURLESS DRIVE has not materially changed since June 2015.

How Large is 61 NOEL MURLESS DRIVE?

61 NOEL MURLESS DRIVE is 95m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 40% of detached houses houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newmarket, and where 61 NOEL MURLESS DRIVE lies on this distribution: 32% of detached houses houses are smaller than 61 NOEL MURLESS DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

61 NOEL MURLESS DRIVE: Plot and Title Map

61 NOEL MURLESS DRIVE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 61 NOEL MURLESS DRIVE, 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 61 NOEL MURLESS DRIVE). 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 61 NOEL MURLESS DRIVE?

61 NOEL MURLESS DRIVE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 61 on NOEL MURLESS DRIVE.