THE OLD RECTORY, THE STREET, GAZELEY, NEWMARKET, CB8 8RB - £730,000

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 OLD RECTORY is a very large extended detached house of 308m², built sometime before 1900. It was last sold for £730,000 in June 2015, which was around 133% above the average June 2015 detached price in the West Suffolk local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was C.

THE OLD RECTORY Sold Prices

Land registry data shows three sales for THE OLD RECTORY 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 OLD RECTORY 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 JUN	£730,000	£313,650	133% above HPI
2005 21 JAN	£560,000	£237,578	136% above HPI
2004 9 MAR	£300,000	£225,806	33% above HPI

THE OLD RECTORY 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 OLD RECTORY sales between March 2004 and June 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 January 2005 sale was for 136% above the HPI. So the extrapolation line tracks at 136% above the HPI over time, until the June 2015 sale, where it falls to 133% above the HPI. The line then continues to track at 133% above the HPI.

How Large is THE OLD RECTORY?

THE OLD RECTORY is 308m², which includes two extensions, according to the EPC inspection conducted in October 2014. 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 OLD RECTORY lies on this distribution: 98% of detached houses are smaller than THE OLD RECTORY, and 2% of houses are larger. Note that EPC data is not available for all properties in Gazeley.

THE OLD RECTORY: Plot and Title Map

THE OLD RECTORY sits on a plot of roughly 0.245 of an acre, or 990m². The below map shows the location of THE OLD RECTORY, 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 OLD RECTORY). 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 OLD RECTORY?

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