7, PAGET PLACE, NEWMARKET, CB8 7DR - £375,000

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 PAGET PLACE is a small extended detached house of 91m², built sometime between 1967 and 1975. It was last sold for £375,000 in September 2019, which was around 2% below the average September 2019 detached price in the West Suffolk local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

7 PAGET PLACE Sold Prices

Land registry data shows three sales for 7 PAGET PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the three 7 PAGET PLACE 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
2019 23 SEP	£375,000	£383,509	2% below HPI
2008 22 FEB	£249,995	£268,147	7% below HPI
2005 31 MAY	£227,500	£232,549	2% below HPI

7 PAGET PLACE 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 three 7 PAGET PLACE sales between May 2005 and September 2019 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 2008 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2019 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 7 PAGET PLACE?

7 PAGET PLACE is 91m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 30% 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 PAGET PLACE lies on this distribution: 29% of detached houses are smaller than 7 PAGET PLACE, and 71% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

7 PAGET PLACE: Plot and Title Map

7 PAGET PLACE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 7 PAGET PLACE, 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 PAGET PLACE). 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 PAGET PLACE?

7 PAGET PLACE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 7 on PAGET PLACE.