8, THE SHRUBBERIES, NEWMARKET, CB8 8JD - £525,000

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

8 THE SHRUBBERIES is a very large extended detached house of 217m², built sometime between 1976 and 1982. It was last sold for £525,000 in August 2016, which was around 49% above the average August 2016 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was D.

8 THE SHRUBBERIES Sold Prices

Land registry data shows two sales for 8 THE SHRUBBERIES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. Both of the two 8 THE SHRUBBERIES 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
2016 24 AUG	£525,000	£352,477	49% above HPI
2006 6 NOV	£365,000	£238,137	53% above HPI

8 THE SHRUBBERIES 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 two 8 THE SHRUBBERIES sales from November 2006 and August 2016 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 November 2006 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the August 2016 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is 8 THE SHRUBBERIES?

8 THE SHRUBBERIES is 217m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 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 8 THE SHRUBBERIES lies on this distribution: 89% of detached houses are smaller than 8 THE SHRUBBERIES, and 11% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

8 THE SHRUBBERIES: Plot and Title Map

8 THE SHRUBBERIES sits on a plot of roughly 0.331 of an acre, or 1,340m². The below map shows the location of 8 THE SHRUBBERIES, 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 THE SHRUBBERIES). 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 THE SHRUBBERIES?

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