7, NEW CHEVELEY ROAD, NEWMARKET, CB8 8BG - £250,000

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

7 NEW CHEVELEY ROAD is a very small extended detached house of 77m², built sometime between 1930 and 1949. It was last sold for £250,000 in October 2014, which was around 18% below the average October 2014 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was D.

7 NEW CHEVELEY ROAD Sold Prices

Land registry data shows three sales for 7 NEW CHEVELEY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the three 7 NEW CHEVELEY 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
2014 30 OCT	£250,000	£305,091	18% below HPI
2010 11 JUN	£167,000	£241,154	31% below HPI
2001 31 AUG	£77,000	£146,298	47% below HPI

7 NEW CHEVELEY 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 three 7 NEW CHEVELEY ROAD sales between August 2001 and October 2014 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 June 2010 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2014 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 7 NEW CHEVELEY ROAD?

7 NEW CHEVELEY ROAD is 77m², which includes one extension, according to the EPC inspection conducted in September 2009. 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 7 NEW CHEVELEY ROAD lies on this distribution: 16% of detached houses are smaller than 7 NEW CHEVELEY ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

7 NEW CHEVELEY ROAD: Plot and Title Map

7 NEW CHEVELEY ROAD sits on a plot of roughly 0.149 of an acre, or 603m². The below map shows the location of 7 NEW CHEVELEY 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 NEW CHEVELEY 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 NEW CHEVELEY ROAD?

7 NEW CHEVELEY ROAD is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 7 on NEW CHEVELEY ROAD.