58, LEADERS WAY, NEWMARKET, CB8 0DP - £217,800

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.

58 LEADERS WAY is a very small detached house of 58m², built sometime between 1967 and 1975, which could now be worth an estimated £334,537. It was last sold for £217,800 in June 2014, which was around 25% below the average June 2014 detached price in the West Suffolk local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

58 LEADERS WAY Sold Prices

Land registry data shows four sales for 58 LEADERS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the four 58 LEADERS WAY sales were 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
2014 16 JUN	£217,800	£292,153	25% below HPI
2006 14 JUL	£197,000	£248,184	21% below HPI
2004 28 JUL	£164,000	£234,005	30% below HPI
1997 8 SEP	£67,000	£93,256	28% below HPI

58 LEADERS WAY 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 four 58 LEADERS WAY sales between September 1997 and June 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 July 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2014 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 58 LEADERS WAY be worth now?

58 LEADERS WAY might now be worth an estimated £334,537.

This is based on house price inflation of 53.6%, between June 2014 and March 2025, for 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 53.6% inflationary increase is applied to the most recent sale price for 58 LEADERS WAY of £217,800 on 16th June 2014. For the value to have increased from £217,800 to £334,537 over the eleven years and three months to March 2025, the following assumptions must hold true:

• The value of 58 LEADERS WAY has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The June 2014 sale price of £217,800 represented a fair market value for the property.
• The size, condition, and specification of 58 LEADERS WAY has not materially changed since June 2014.

How Large is 58 LEADERS WAY?

58 LEADERS WAY is 58m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of detached houses houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newmarket, and where 58 LEADERS WAY lies on this distribution: 2% of detached houses houses are smaller than 58 LEADERS WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

58 LEADERS WAY: Plot and Title Map

58 LEADERS WAY sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 58 LEADERS WAY, 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 58 LEADERS WAY). 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 58 LEADERS WAY?

58 LEADERS WAY is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 58 on LEADERS WAY.