62, PARK LANE, NEWMARKET, CB8 8AZ - £149,995

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.

62 PARK LANE is a very small extended terraced house of 56m², built sometime before 1900, which could now be worth an estimated £277,443. It was last sold for £149,995 in March 2011, which was around 21% above the average March 2011 terraced price in the West Suffolk local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was D.

62 PARK LANE Sold Prices

Land registry data shows three sales for 62 PARK LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the West Suffolk local authority area for the corresponding sale date. All of the three 62 PARK LANE 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
2011 22 MAR	£149,995	£123,756	21% above HPI
2002 2 DEC	£112,000	£87,308	28% above HPI
1996 25 OCT	£41,900	£39,448	6% above HPI

62 PARK LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Suffolk local authority area over time, sourced from the HPI. The three 62 PARK LANE sales between October 1996 and March 2011 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 December 2002 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the March 2011 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 62 PARK LANE be worth now?

62 PARK LANE might now be worth an estimated £277,443.

This is based on house price inflation of 85%, between March 2011 and July 2025, for terraced 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 85% inflationary increase is applied to the most recent sale price for 62 PARK LANE of £149,995 on 22nd March 2011. For the value to have increased from £149,995 to £277,443 over the thirteen years and eight months to July 2025, the following assumptions must hold true:

• The value of 62 PARK LANE has moved in line with the HPI for terraced houses in the West Suffolk local authority area.
• The March 2011 sale price of £149,995 represented a fair market value for the property.
• The size, condition, and specification of 62 PARK LANE has not materially changed since March 2011.

How Large is 62 PARK LANE?

62 PARK LANE is 56m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% of terraced houses houses in Newmarket, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Newmarket, and where 62 PARK LANE lies on this distribution: 2% of terraced houses houses are smaller than 62 PARK LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

62 PARK LANE: Plot and Title Map

62 PARK LANE sits on a plot of roughly 0.016 of an acre, or 64m². The below map shows the location of 62 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 62 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 62 PARK LANE?

62 PARK LANE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 62 on PARK LANE.