7, HIGHAM ROAD, GAZELEY, NEWMARKET, CB8 8RE - £248,000

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

7 HIGHAM ROAD is a very small detached house of 50m², built sometime between 1967 and 1975. It was last sold for £248,000 in May 2012, which was around 4% below the average May 2012 detached price in the West Suffolk local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.

7 HIGHAM ROAD Sold Prices

Land registry data shows two sales for 7 HIGHAM 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 West Suffolk local authority area for the corresponding sale date. Both of the two 7 HIGHAM 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
2012 3 MAY	£248,000	£257,079	4% below HPI
2003 7 FEB	£175,000	£195,603	11% below HPI

7 HIGHAM ROAD 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 two 7 HIGHAM ROAD sales from February 2003 and May 2012 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 February 2003 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2012 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 7 HIGHAM ROAD?

7 HIGHAM ROAD is 50m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% of detached houses in Gazeley, based on EPC data. The below chart shows the distribution of detached houses by size in Gazeley, and where 7 HIGHAM ROAD lies on this distribution: 2% of detached houses are smaller than 7 HIGHAM ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Gazeley.

7 HIGHAM ROAD: Plot and Title Map

7 HIGHAM ROAD sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 7 HIGHAM 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 7 HIGHAM 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 7 HIGHAM ROAD?

7 HIGHAM ROAD is located in GAZELEY, in the CB8 postcode district. The below map shows the position of No. 7 on HIGHAM ROAD.