9, BALATON PLACE, NEWMARKET, CB8 7YP - £975,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

9 BALATON PLACE is a very large extended detached house of 426m², built sometime between 1996 and 2002, which could now be worth an estimated £1,117,214. It was last sold for £975,000 in August 2019, which was around 149% above the average August 2019 detached price in the West Suffolk local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was C.

9 BALATON PLACE Sold Prices

Land registry data shows two sales for 9 BALATON 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 9 BALATON 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
2019 26 AUG	£975,000	£391,620	149% above HPI
2002 28 MAR	£625,000	£166,224	276% above HPI

9 BALATON 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 9 BALATON PLACE sales from March 2002 and August 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 March 2002 sale was for 276% above the HPI. So the extrapolation line tracks at 276% above the HPI over time, until the August 2019 sale, where it falls to 149% above the HPI. The line then continues to track at 149% above the HPI.

What might 9 BALATON PLACE be worth now?

9 BALATON PLACE might now be worth an estimated £1,117,214.

This is based on house price inflation of 14.6%, between August 2019 and March 2025, 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 14.6% inflationary increase is applied to the most recent sale price for 9 BALATON PLACE of £975,000 on 26th August 2019. For the value to have increased from £975,000 to £1,117,214 over the six years and five months to March 2025, the following assumptions must hold true:

• The value of 9 BALATON PLACE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The August 2019 sale price of £975,000 represented a fair market value for the property.
• The size, condition, and specification of 9 BALATON PLACE has not materially changed since August 2019.

How Large is 9 BALATON PLACE?

9 BALATON PLACE is 426m², which includes three extensions, according to the EPC inspection conducted in December 2019. This puts it in the largest 10% 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 9 BALATON PLACE lies on this distribution: 99% of detached houses houses are smaller than 9 BALATON PLACE, and 1% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

9 BALATON PLACE: Plot and Title Map

9 BALATON PLACE sits on a plot of roughly 0.294 of an acre, or 1,188m². The below map shows the location of 9 BALATON 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 9 BALATON 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 9 BALATON PLACE?

9 BALATON PLACE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 9 on BALATON PLACE.