6, PARK ROAD, CHEVELEY, NEWMARKET, CB8 9DF - £399,950

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.

6 PARK ROAD is a small extended detached house of 99m², built sometime before 1900, which could now be worth an estimated £480,853. It was last sold for £399,950 in July 2020, which was about the average July 2020 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was E.

6 PARK ROAD Sold Prices

Land registry data shows four sales for 6 PARK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. The four 6 PARK ROAD 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
2020 31 JUL	£399,950	£401,564	Close to HPI
2010 3 SEP	£305,000	£257,161	19% above HPI
2001 20 JUL	£134,000	£149,379	10% below HPI
1998 27 NOV	£89,500	£103,944	14% below HPI

6 PARK ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The four 6 PARK ROAD sales between November 1998 and July 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 September 2010 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the July 2020 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 6 PARK ROAD be worth now?

6 PARK ROAD might now be worth an estimated £480,853.

This is based on house price inflation of 20.2%, between July 2020 and April 2026, for detached houses, in the East Cambridgeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.2% inflationary increase is applied to the most recent sale price for 6 PARK ROAD of £399,950 on 31st July 2020. For the value to have increased from £399,950 to £480,853 over the six years and three months to April 2026, the following assumptions must hold true:

• The value of 6 PARK ROAD has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The July 2020 sale price of £399,950 represented a fair market value for the property.
• The size, condition, and specification of 6 PARK ROAD has not materially changed since July 2020.

How Large is 6 PARK ROAD?

6 PARK ROAD is 99m², which includes two extensions, according to the EPC inspection conducted in April 2010. This puts it in the smallest 30% of detached houses houses in Cheveley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheveley, and where 6 PARK ROAD lies on this distribution: 22% of detached houses houses are smaller than 6 PARK ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Cheveley.

6 PARK ROAD: Plot and Title Map

6 PARK ROAD sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 6 PARK 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 6 PARK 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 6 PARK ROAD?

6 PARK ROAD is located in CHEVELEY, in the CB8 postcode district. The below map shows the position of No. 6 on PARK ROAD.