8, PAGET PLACE, NEWMARKET, CB8 7DR - £135,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 PAGET PLACE is a very large extended detached house of 180m², built sometime between 1967 and 1975, which could now be worth an estimated £568,219. It was last sold for £135,000 in July 1999, which was around 23% above the average July 1999 detached price in the West Suffolk local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was C.

8 PAGET PLACE Sold Prices

Land registry data shows two sales for 8 PAGET PLACE 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 8 PAGET PLACE 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
1999 16 JUL	£135,000	£110,123	23% above HPI
1996 10 APR	£89,500	£81,570	10% above HPI

8 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 two 8 PAGET PLACE sales from April 1996 and July 1999 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 April 1996 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 1999 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 8 PAGET PLACE be worth now?

8 PAGET PLACE might now be worth an estimated £568,219.

This is based on house price inflation of 320.9%, between July 1999 and December 2024, 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 320.9% inflationary increase is applied to the most recent sale price for 8 PAGET PLACE of £135,000 on 16th July 1999. For the value to have increased from £135,000 to £568,219 over the 24 years and seven months to December 2024, the following assumptions must hold true:

• The value of 8 PAGET PLACE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The July 1999 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PAGET PLACE has not materially changed since July 1999.

How Large is 8 PAGET PLACE?

8 PAGET PLACE is 180m², which includes two extensions, according to the EPC inspection conducted in February 2018. This puts it in the largest 20% 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 8 PAGET PLACE lies on this distribution: 81% of detached houses houses are smaller than 8 PAGET PLACE, and 19% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

8 PAGET PLACE: Plot and Title Map

8 PAGET PLACE sits on a plot of roughly 0.186 of an acre, or 752m². The below map shows the location of 8 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 8 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 8 PAGET PLACE?

8 PAGET PLACE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 8 on PAGET PLACE.