8, NEWMARKET ROAD, ROYSTON, SG8 7DY - £850,000

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

8 NEWMARKET ROAD is a very large detached house of 178m². It was last sold for £850,000 in December 2021, which was around 25% above the average December 2021 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

8 NEWMARKET ROAD Sold Prices

Land registry data shows four sales for 8 NEWMARKET 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 North Hertfordshire local authority area for the corresponding sale date. Most of the four 8 NEWMARKET ROAD sales were for above 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
2021 2 DEC	£850,000	£678,953	25% above HPI
2016 18 AUG	£777,500	£594,960	31% above HPI
2014 2 MAY	£612,000	£455,827	34% above HPI
2007 2 MAR	£370,000	£382,915	3% below HPI

8 NEWMARKET ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The four 8 NEWMARKET ROAD sales between March 2007 and December 2021 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 August 2016 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the December 2021 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 8 NEWMARKET ROAD?

8 NEWMARKET ROAD is 178m² according to the EPC inspection conducted in November 2011. This puts it in the largest 20% of detached houses in Royston, based on EPC data. The below chart shows the distribution of detached houses by size in Royston, and where 8 NEWMARKET ROAD lies on this distribution: 86% of detached houses are smaller than 8 NEWMARKET ROAD, and 14% of houses are larger. Note that EPC data is not available for all properties in Royston.

8 NEWMARKET ROAD: Plot and Title Map

8 NEWMARKET ROAD sits on a plot of roughly 0.162 of an acre, or 658m². The below map shows the location of 8 NEWMARKET 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 8 NEWMARKET 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 8 NEWMARKET ROAD?

8 NEWMARKET ROAD is located in ROYSTON, in the SG8 postcode district. The below map shows the position of No. 8 on NEWMARKET ROAD.