48, FIELD TERRACE ROAD, NEWMARKET, CB8 0AD - £354,000

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.

48 FIELD TERRACE ROAD is a midsized extended semi-detached house of 120m², built sometime between 1950 and 1966, which could now be worth an estimated £345,199. It was last sold for £354,000 in February 2023, which was around 24% above the average February 2023 semi-detached price in the West Suffolk local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

48 FIELD TERRACE ROAD Sold Prices

Land registry data shows two sales for 48 FIELD TERRACE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the West Suffolk local authority area for the corresponding sale date. Both of the two 48 FIELD TERRACE ROAD 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
2023 10 FEB	£354,000	£285,469	24% above HPI
2012 2 JUL	£205,000	£166,698	23% above HPI

48 FIELD TERRACE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Suffolk local authority area over time, sourced from the HPI. The two 48 FIELD TERRACE ROAD sales from July 2012 and February 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 July 2012 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the February 2023 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 48 FIELD TERRACE ROAD be worth now?

48 FIELD TERRACE ROAD might now be worth an estimated £345,199.

This is based on house price deflation of 2.5%, between February 2023 and February 2025, for semi-detached 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% deflationary decrease is applied to the most recent sale price for 48 FIELD TERRACE ROAD of £354,000 on 10th February 2023. For the value to have decreased from £354,000 to £345,199 over the two years to February 2025, the following assumptions must hold true:

• The value of 48 FIELD TERRACE ROAD has moved in line with the HPI for semi-detached houses in the West Suffolk local authority area.
• The February 2023 sale price of £354,000 represented a fair market value for the property.
• The size, condition, and specification of 48 FIELD TERRACE ROAD has not materially changed since February 2023.

How Large is 48 FIELD TERRACE ROAD?

48 FIELD TERRACE ROAD is 120m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 50% of semi-detached houses houses in Newmarket, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newmarket, and where 48 FIELD TERRACE ROAD lies on this distribution: 54% of semi-detached houses houses are smaller than 48 FIELD TERRACE ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

48 FIELD TERRACE ROAD: Plot and Title Map

48 FIELD TERRACE ROAD sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 48 FIELD TERRACE ROAD, 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 48 FIELD TERRACE ROAD). 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 48 FIELD TERRACE ROAD?

48 FIELD TERRACE ROAD is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 48 on FIELD TERRACE ROAD.