2, LOWTHER STREET, NEWMARKET, CB8 0JS - £210,000

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 LOWTHER STREET is a very small extended terraced house of 73m², built sometime before 1900, which could now be worth an estimated £242,486. It was last sold for £210,000 in December 2020, which was around 5% above the average December 2020 terraced price in the West Suffolk local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

2 LOWTHER STREET Sold Prices

Land registry data shows two sales for 2 LOWTHER 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. One of the two 2 LOWTHER STREET sales was for above the average price, whilst the other 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
2020 17 DEC	£210,000	£200,497	5% above HPI
2011 28 OCT	£129,000	£131,681	2% below HPI

2 LOWTHER 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 2 LOWTHER STREET sales from October 2011 and December 2020 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 2011 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2020 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 2 LOWTHER STREET be worth now?

2 LOWTHER STREET might now be worth an estimated £242,486.

This is based on house price inflation of 15.5%, between December 2020 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 15.5% inflationary increase is applied to the most recent sale price for 2 LOWTHER STREET of £210,000 on 17th December 2020. For the value to have increased from £210,000 to £242,486 over the five years and six months to June 2025, the following assumptions must hold true:

• The value of 2 LOWTHER STREET has moved in line with the HPI for terraced houses in the West Suffolk local authority area.
• The December 2020 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LOWTHER STREET has not materially changed since December 2020.

How Large is 2 LOWTHER STREET?

2 LOWTHER STREET is 73m², which includes one extension, according to the EPC inspection conducted in May 2020. 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 LOWTHER STREET lies on this distribution: 12% of terraced houses houses are smaller than 2 LOWTHER STREET, and 88% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

2 LOWTHER STREET: Plot and Title Map

2 LOWTHER STREET sits on a plot of roughly 0.014 of an acre, or 58m². The below map shows the location of 2 LOWTHER 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 LOWTHER 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 LOWTHER STREET?

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