583A, NEWMARKET ROAD, CAMBRIDGE, CB5 8PA - £205,000

583A NEWMARKET ROAD is a very small detached house of 86m², built sometime between 1930 and 1949. It was last sold for £205,000 in December 2004, which was around 49% below the average December 2004 detached price in the Cambridge local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

583A NEWMARKET ROAD Sold Prices

Land registry data shows two sales for 583A NEWMARKET ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cambridge local authority area for the corresponding sale date. Both of the two 583A NEWMARKET ROAD 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
2004 17 DEC	£205,000	£403,394	49% below HPI
1998 14 AUG	£77,000	£201,810	62% below HPI

583A NEWMARKET ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cambridge local authority area over time, sourced from the HPI. The two 583A NEWMARKET ROAD sales from August 1998 and December 2004 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 August 1998 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the December 2004 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 583A NEWMARKET ROAD?

583A NEWMARKET ROAD is 86m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 20% of detached houses in Cambridge, based on EPC data. The below chart shows the distribution of detached houses by size in Cambridge, and where 583A NEWMARKET ROAD lies on this distribution: 13% of detached houses are smaller than 583A NEWMARKET ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

583A NEWMARKET ROAD: Plot and Title Map

583A NEWMARKET ROAD sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of 583A NEWMARKET 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 583A NEWMARKET 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 583A NEWMARKET ROAD?

583A NEWMARKET ROAD is located in CAMBRIDGE, in the CB5 postcode district. The below map shows the position of No. 583A on NEWMARKET ROAD.