BALATON LODGE, SNAILWELL ROAD, NEWMARKET, CB8 7DN - £2,000,000

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

BALATON LODGE is a very large extended detached house of 523m², built sometime before 1900. It was last sold for £2,000,000 in December 2017, which was around 434% above the average December 2017 detached price in the West Suffolk local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

BALATON LODGE Sold Prices

Land registry data shows two sales for BALATON LODGE 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 BALATON LODGE 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
2017 7 DEC	£2,000,000	£374,397	434% above HPI
2002 18 SEP	£1,425,000	£191,674	643% above HPI

BALATON LODGE 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 BALATON LODGE sales from September 2002 and December 2017 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 September 2002 sale was for 643% above the HPI. So the extrapolation line tracks at 643% above the HPI over time, until the December 2017 sale, where it falls to 434% above the HPI. The line then continues to track at 434% above the HPI.

How Large is BALATON LODGE?

BALATON LODGE is 523m², which includes two extensions, according to the EPC inspection conducted in October 2016. This puts it in the largest 10% of detached houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Newmarket, and where BALATON LODGE lies on this distribution: 99% of detached houses are smaller than BALATON LODGE, and 1% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

BALATON LODGE: Plot and Title Map

BALATON LODGE sits on a plot of roughly 0.889 of an acre, or 3,598m². The below map shows the location of BALATON LODGE, 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 BALATON LODGE). 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 BALATON LODGE?

BALATON LODGE is located on SNAILWELL ROAD in NEWMARKET, in the CB8 postcode district. The below map shows the position of BALATON LODGE on SNAILWELL ROAD.