THE CHAPEL, NEWMARKET ROAD, MOULTON, NEWMARKET, CB8 8SS - £730,000

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

THE CHAPEL is a small detached house of 99m², built sometime from 2007 onwards. It was last sold for £730,000 in November 2022, which was around 55% above the average November 2022 detached price in the West Suffolk local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

THE CHAPEL Sold Prices

Land registry data shows three sales for THE CHAPEL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the three THE CHAPEL 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
2022 24 NOV	£730,000	£471,002	55% above HPI
2011 6 JUL	£488,000	£257,463	90% above HPI
2009 17 JUL	£290,000	£228,338	27% above HPI

THE CHAPEL 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 three THE CHAPEL sales between July 2009 and November 2022 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 July 2011 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the November 2022 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is THE CHAPEL?

THE CHAPEL is 99m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 30% of detached houses in Moulton, based on EPC data. The below chart shows the distribution of detached houses by size in Moulton, and where THE CHAPEL lies on this distribution: 27% of detached houses are smaller than THE CHAPEL, and 73% of houses are larger. Note that EPC data is not available for all properties in Moulton.

THE CHAPEL: Plot and Title Map

THE CHAPEL sits on a plot of roughly 0.177 of an acre, or 716m². The below map shows the location of THE CHAPEL, 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 THE CHAPEL). 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 THE CHAPEL?

THE CHAPEL is located on NEWMARKET ROAD in MOULTON, in the CB8 postcode district. The below map shows the position of THE CHAPEL on NEWMARKET ROAD.