ORCHARDS, STUBBINS LANE, GAZELEY, NEWMARKET, CB8 8RL - £470,000

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

ORCHARDS is a large extended detached house of 181m², built sometime between 1983 and 1990. It was last sold for £470,000 in November 2017, which was around 24% above the average November 2017 detached price in the West Suffolk local authority area. The most recent EPC inspection was May 2017, where the current energy rating was F, and the potential energy rating was D.

ORCHARDS Sold Prices

Land registry data shows two sales for ORCHARDS 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 ORCHARDS 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 10 NOV	£470,000	£378,841	24% above HPI
2000 14 JAN	£190,000	£118,433	60% above HPI

ORCHARDS 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 ORCHARDS sales from January 2000 and November 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 January 2000 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the November 2017 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is ORCHARDS?

ORCHARDS is 181m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the largest 30% of detached houses in Gazeley, based on EPC data. The below chart shows the distribution of detached houses by size in Gazeley, and where ORCHARDS lies on this distribution: 75% of detached houses are smaller than ORCHARDS, and 25% of houses are larger. Note that EPC data is not available for all properties in Gazeley.

ORCHARDS: Plot and Title Map

ORCHARDS sits on a plot of roughly 0.137 of an acre, or 553m². The below map shows the location of ORCHARDS, 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 ORCHARDS). 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 ORCHARDS?

ORCHARDS is located on STUBBINS LANE in GAZELEY, in the CB8 postcode district. The below map shows the position of ORCHARDS on STUBBINS LANE.