41, Meadow Lane
41, Meadow Lane
Description & Estimates
41, Meadow Lane, Newmarket appears in the public record as a freehold house sitting on a 1,381 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 2,669 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of 41, Meadow Lane, Newmarket is £951,712 and its rental estimate is £2,556 per month, given the available information and assuming reasonable condition.
Meadow Lane, Newmarket, CB8 falls within the CB8 postal district, in the borough of East Cambridgeshire.
Our Data Sources
41, Meadow Lane, Newmarket has 2 entries in the Land Registry , most recently in December 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 41, Meadow Lane, Newmarket, we estimate a market value of £999,298 and a rental value of £2,684 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £885,093 and £2,377 per month respectively.
Recent Market Change
Over the last year, 41, Meadow Lane, Newmarket has seen its estimated sale value decline by £34,835 (3.7%) and its estimated rental value climb by £32 per month (1.2%). This results in an estimated gross rental yield of 3.2%.
Plot Size
HM Land Registry records the plot of land for 41, Meadow Lane, Newmarket as measuring 1,381 m2.
That makes it the 3rd largest plot in the postcode, where 50 of the 52 other houses have recorded plot data.
Sold Prices
The most recent sale of 41, Meadow Lane, Newmarket completed on 8th December 2008 at £720,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 58.8% over the period since December 2008.
- Sold Dec 2008£720,000
- Sold Dec 2008£720,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 41, Meadow Lane, Newmarket have sold within a radius of 1.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th August 2024, was 14, Meadow Lane, Newmarket, CB8 8FZ, a freehold house which sold for £780,000.
Read more about house prices in CB8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 70 addresses on Meadow Lane, Newmarket, CB8, 41, Meadow Lane, Newmarket comes out as the 6th largest and the 5th most expensive in our analysis of the public data.
It is also £597k more expensive than the average property across the CB8 district.
More reading links
Schools Nearby
- 1.4kmDitton Lodge Primary School
- 1.6kmAll Saints Church of England Primary School, Newmarket
- 2.2kmSt Louis Catholic Academy
- 2.8kmNewmarket Academy
- 11.9kmBottisham Village College
- 12.2kmSoham Village College
More reading links
Public Transport Nearby
From 41, Meadow Lane, Newmarket, the nearest station is Newmarket, 1.6 kilometres away.
- 1.6kmNewmarket
- 5.7kmDullingham
- 6.3kmKennett
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
