2, GRIFFIN GARDENS, NEWMARKET, CB8 0AF - £275,000

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 GRIFFIN GARDENS is a very small terraced house of 66m², which could now be worth an estimated £265,839. It was last sold for £275,000 in October 2022, which was around 15% above the average October 2022 terraced price in the West Suffolk local authority area. The most recent EPC inspection was March 2018, where the current energy rating was B, and the potential energy rating was A.

2 GRIFFIN GARDENS Sold Prices

Land registry data shows three sales for 2 GRIFFIN GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the West Suffolk local authority area for the corresponding sale date. All of the three 2 GRIFFIN GARDENS 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
2022 31 OCT	£275,000	£239,491	15% above HPI
2018 26 JUL	£245,000	£189,035	30% above HPI
2016 22 DEC	£590,000	£175,173	237% above HPI

2 GRIFFIN GARDENS 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 three 2 GRIFFIN GARDENS sales between December 2016 and October 2022 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 2018 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the October 2022 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 2 GRIFFIN GARDENS be worth now?

2 GRIFFIN GARDENS might now be worth an estimated £265,839.

This is based on house price deflation of 3.3%, between October 2022 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 3.3% deflationary decrease is applied to the most recent sale price for 2 GRIFFIN GARDENS of £275,000 on 31st October 2022. For the value to have decreased from £275,000 to £265,839 over the three years and four months to June 2025, the following assumptions must hold true:

• The value of 2 GRIFFIN GARDENS has moved in line with the HPI for terraced houses in the West Suffolk local authority area.
• The October 2022 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GRIFFIN GARDENS has not materially changed since October 2022.

How Large is 2 GRIFFIN GARDENS?

2 GRIFFIN GARDENS is 66m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 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 2 GRIFFIN GARDENS lies on this distribution: 8% of terraced houses houses are smaller than 2 GRIFFIN GARDENS, and 91% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

2 GRIFFIN GARDENS: Plot and Title Map

2 GRIFFIN GARDENS sits on a plot of roughly 0.018 of an acre, or 74m². The below map shows the location of 2 GRIFFIN GARDENS, 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 GRIFFIN GARDENS). 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 GRIFFIN GARDENS?

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