TETHERS, MILBURN DROVE, MOULTON, NEWMARKET, CB8 8QW - £362,000

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

TETHERS is a very small extended detached house of 88m², built sometime between 1950 and 1966. It was last sold for £362,000 in July 2015, which was around 13% above the average July 2015 detached price in the West Suffolk local authority area. The most recent EPC inspection was November 2009, where the current energy rating was F, and the potential energy rating was F.

TETHERS Sold Prices

Land registry data shows two sales for TETHERS 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 TETHERS 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
2015 2 JUL	£362,000	£319,308	13% above HPI
1998 26 NOV	£130,000	£104,211	25% above HPI

TETHERS 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 TETHERS sales from November 1998 and July 2015 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 1998 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the July 2015 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is TETHERS?

TETHERS is 88m², which includes one extension, according to the EPC inspection conducted in November 2009. This puts it in the smallest 10% of detached houses in Moulton, based on EPC data. The below chart shows the distribution of detached houses by size in Moulton, and where TETHERS lies on this distribution: 8% of detached houses are smaller than TETHERS, and 92% of houses are larger. Note that EPC data is not available for all properties in Moulton.

TETHERS: Plot and Title Map

TETHERS sits on a plot of roughly 0.373 of an acre, or 1,508m². The below map shows the location of TETHERS, 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 TETHERS). 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 TETHERS?

TETHERS is located on MILBURN DROVE in MOULTON, in the CB8 postcode district. The below map shows the position of TETHERS on MILBURN DROVE.