33, PARK LANE, NEWMARKET, CB8 8AZ - £305,000

33 PARK LANE is a midsized semi-detached house of 119m², built sometime before 1900. It was last sold for £305,000 in October 2014, which was about the average October 2014 detached price in the West Suffolk local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was D.

33 PARK LANE Sold Prices

Land registry data shows five sales for 33 PARK LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. The five 33 PARK LANE sales were a mix of roughly equal to the average price, above the average price, and 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
2014 28 OCT	£305,000	£305,020	Close to HPI
2009 22 OCT	£250,000	£241,165	4% above HPI
2007 20 AUG	£299,995	£274,993	9% above HPI
2005 1 JUL	£230,000	£240,824	4% below HPI
2000 26 OCT	£135,000	£136,522	1% below HPI

33 PARK LANE 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 five 33 PARK LANE sales between October 2000 and October 2014 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 2009 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2014 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 33 PARK LANE?

33 PARK LANE is 119m² according to the EPC inspection conducted in June 2009. This puts it in the largest 50% of detached houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Newmarket, and where 33 PARK LANE lies on this distribution: 54% of detached houses are smaller than 33 PARK LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

33 PARK LANE: Plot and Title Map

33 PARK LANE sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 33 PARK LANE, 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 33 PARK LANE). 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 33 PARK LANE?

33 PARK LANE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 33 on PARK LANE.