THE CHASE, THE STREET, GAZELEY, NEWMARKET, CB8 8RD - £1,130,000

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

THE CHASE is a very large extended detached house of 353m², built sometime between 2003 and 2006. It was last sold for £1,130,000 in November 2012, which was around 319% above the average November 2012 detached price in the West Suffolk local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

THE CHASE Sold Prices

Land registry data shows two sales for THE CHASE 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 THE CHASE 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
2012 14 NOV	£1,130,000	£269,951	319% above HPI
2001 31 JUL	£222,000	£146,012	52% above HPI

THE CHASE 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 THE CHASE sales from July 2001 and November 2012 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 2001 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the November 2012 sale, where it rises to 319% above the HPI. The line then continues to track at 319% above the HPI.

How Large is THE CHASE?

THE CHASE is 353m², which includes three extensions, according to the EPC inspection conducted in June 2012. This puts it in the largest 10% of detached houses in Gazeley, based on EPC data. The below chart shows the distribution of detached houses by size in Gazeley, and where THE CHASE lies on this distribution: More than 99% of detached houses are smaller than THE CHASE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Gazeley.

THE CHASE: Plot and Title Map

THE CHASE sits on a plot of roughly 1.2 acres, or 5,027m². The below map shows the location of THE CHASE, 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 CHASE). 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 CHASE?

THE CHASE is located on THE STREET in GAZELEY, in the CB8 postcode district. The below map shows the position of THE CHASE on THE STREET.