2, CARDIGAN STREET, NEWMARKET, CB8 8HZ - £239,000

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.

2 CARDIGAN STREET is a very small extended terraced house of 70m², built sometime between 1900 and 1929, which could now be worth an estimated £244,968. It was last sold for £239,000 in July 2023, which was around 6% above the average July 2023 terraced price in the West Suffolk local authority area. The most recent EPC inspection was March 2014, where the current energy rating was F, and the potential energy rating was B.

2 CARDIGAN STREET Sold Prices

Land registry data shows four sales for 2 CARDIGAN STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the West Suffolk local authority area for the corresponding sale date. Two of the four 2 CARDIGAN STREET sales were for above the average price, whilst one was for below 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
2023 4 JUL	£239,000	£225,873	6% above HPI
2022 7 DEC	£238,500	£238,293	Close to HPI
2021 1 JUN	£200,000	£207,879	4% below HPI
1996 23 SEP	£42,500	£39,001	9% above HPI

2 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 four 2 CARDIGAN STREET sales between September 1996 and July 2023 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 December 2022 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2023 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 2 CARDIGAN STREET be worth now?

2 CARDIGAN STREET might now be worth an estimated £244,968.

This is based on house price inflation of 2.5%, between July 2023 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 2.5% inflationary increase is applied to the most recent sale price for 2 CARDIGAN STREET of £239,000 on 4th July 2023. For the value to have increased from £239,000 to £244,968 over the two years and one month to June 2025, the following assumptions must hold true:

• The value of 2 CARDIGAN STREET has moved in line with the HPI for terraced houses in the West Suffolk local authority area.
• The July 2023 sale price of £239,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CARDIGAN STREET has not materially changed since July 2023.

How Large is 2 CARDIGAN STREET?

2 CARDIGAN STREET is 70m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% 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 2 CARDIGAN STREET lies on this distribution: 10% of terraced houses houses are smaller than 2 CARDIGAN STREET, and 89% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

2 CARDIGAN STREET: Plot and Title Map

2 CARDIGAN STREET sits on a plot of roughly 0.016 of an acre, or 65m². The below map shows the location of 2 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 2 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 2 CARDIGAN STREET?

2 CARDIGAN STREET is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 2 on CARDIGAN STREET.