THE GABLES, 20, BURY ROAD, NEWMARKET, CB8 7BT - £2,200,000

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 GABLES is a very large extended detached house of 554m², built sometime between 1900 and 1929. It was last sold for £2,200,000 in January 2024, which was around 387% above the average January 2024 detached price in the West Suffolk local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was C.

THE GABLES Sold Prices

Land registry data shows four sales for THE GABLES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the four THE GABLES 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
2024 23 JAN	£2,200,000	£451,399	387% above HPI
2012 15 JUN	£1,425,000	£262,146	444% above HPI
2008 4 MAR	£975,000	£270,645	260% above HPI
2005 31 MAY	£875,000	£232,549	276% above HPI

THE GABLES 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 four THE GABLES sales between May 2005 and January 2024 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 June 2012 sale was for 444% above the HPI. So the extrapolation line tracks at 444% above the HPI over time, until the January 2024 sale, where it falls to 387% above the HPI. The line then continues to track at 387% above the HPI.

How Large is THE GABLES?

THE GABLES is 554m², which includes three extensions, according to the EPC inspection conducted in November 2023. 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 THE GABLES lies on this distribution: More than 99% of detached houses are smaller than THE GABLES, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

THE GABLES: Plot and Title Map

THE GABLES sits on a plot of roughly 0.549 of an acre, or 2,220m². The below map shows the location of THE GABLES, 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 GABLES). 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 GABLES?

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