74, WESTON WAY, NEWMARKET, CB8 7SF - £220,000

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.

74 WESTON WAY is a very small terraced house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £245,012. It was last sold for £220,000 in June 2021, which was around 6% above the average June 2021 terraced price in the West Suffolk local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

74 WESTON WAY Sold Prices

Land registry data shows four sales for 74 WESTON WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the West Suffolk local authority area for the corresponding sale date. All of the four 74 WESTON WAY 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
2021 3 JUN	£220,000	£207,879	6% above HPI
2011 10 MAR	£144,000	£123,756	16% above HPI
2002 13 SEP	£115,000	£86,878	32% above HPI
2000 10 MAR	£67,000	£53,652	25% above HPI

74 WESTON WAY 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 four 74 WESTON WAY sales between March 2000 and June 2021 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 March 2011 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the June 2021 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 74 WESTON WAY be worth now?

74 WESTON WAY might now be worth an estimated £245,012.

This is based on house price inflation of 11.4%, between June 2021 and June 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 11.4% inflationary increase is applied to the most recent sale price for 74 WESTON WAY of £220,000 on 3rd June 2021. For the value to have increased from £220,000 to £245,012 over the four years to June 2025, the following assumptions must hold true:

• The value of 74 WESTON WAY has moved in line with the HPI for terraced houses in the West Suffolk local authority area.
• The June 2021 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 74 WESTON WAY has not materially changed since June 2021.

How Large is 74 WESTON WAY?

74 WESTON WAY is 55m² according to the EPC inspection conducted in January 2021. 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 74 WESTON WAY lies on this distribution: 1% of terraced houses houses are smaller than 74 WESTON WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

74 WESTON WAY: Plot and Title Map

74 WESTON WAY sits on a plot of roughly 0.034 of an acre, or 137m². The below map shows the location of 74 WESTON 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 74 WESTON 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 74 WESTON WAY?

74 WESTON WAY is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 74 on WESTON WAY.