18, CARDIGAN STREET, NEWMARKET, CB8 8HZ - £495,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 CARDIGAN STREET is a very large extended terraced house of 228m², built sometime between 1900 and 1929, which could now be worth an estimated £718,489. It was last sold for £495,000 in June 2015, which was around 210% above the average June 2015 terraced price in the West Suffolk local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was C.

18 CARDIGAN STREET Sold Prices

Land registry data shows two sales for 18 CARDIGAN STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the West Suffolk local authority area for the corresponding sale date. Both of the two 18 CARDIGAN STREET 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 29 JUN	£495,000	£159,500	210% above HPI
1999 20 OCT	£160,000	£52,718	204% above HPI

18 CARDIGAN STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Suffolk local authority area over time, sourced from the HPI. The two 18 CARDIGAN STREET sales from October 1999 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 October 1999 sale was for 204% above the HPI. So the extrapolation line tracks at 204% above the HPI over time, until the June 2015 sale, where it rises to 210% above the HPI. The line then continues to track at 210% above the HPI.

What might 18 CARDIGAN STREET be worth now?

18 CARDIGAN STREET might now be worth an estimated £718,489.

This is based on house price inflation of 45.1%, between June 2015 and June 2025, for terraced houses, in the West Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.1% inflationary increase is applied to the most recent sale price for 18 CARDIGAN STREET of £495,000 on 29th June 2015. For the value to have increased from £495,000 to £718,489 over the ten years to June 2025, the following assumptions must hold true:

• The value of 18 CARDIGAN STREET has moved in line with the HPI for terraced houses in the West Suffolk local authority area.
• The June 2015 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 18 CARDIGAN STREET has not materially changed since June 2015.

How Large is 18 CARDIGAN STREET?

18 CARDIGAN STREET is 228m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 10% of terraced houses houses in Newmarket, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Newmarket, and where 18 CARDIGAN STREET lies on this distribution: 91% of terraced houses houses are smaller than 18 CARDIGAN STREET, and 9% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

18 CARDIGAN STREET: Plot and Title Map

18 CARDIGAN STREET sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 18 CARDIGAN STREET, 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 18 CARDIGAN STREET). 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 18 CARDIGAN STREET?

18 CARDIGAN STREET is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 18 on CARDIGAN STREET.