5, The Paddocks
5, The Paddocks
Description & Estimates
5, The Paddocks, Newmarket is recorded publicly as a modern freehold house across 1,044 ft2 of internal area, sitting on a 425 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, The Paddocks, Newmarket is £488,197 and its rental estimate is £1,594 per month, given the available information and assuming reasonable condition.
The Paddocks, Cheveley, Newmarket, CB8 falls within the CB8 postal district, in the borough of East Cambridgeshire.
Our Data Sources
5, The Paddocks, Newmarket has 3 entries in the Land Registry , most recently in January 2024 and a single entry in the EPC database dated March 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 5, The Paddocks, Newmarket, we estimate a market value of £512,607 and a rental value of £1,674 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £454,023 and £1,483 per month respectively.
Recent Market Change
Over the last year, 5, The Paddocks, Newmarket has seen its estimated sale value move down by £14,774 (3.0%) and its estimated rental value increase by £36 per month (2.3%). This results in an estimated gross rental yield of 3.9%.
Plot Size
HM Land Registry records the plot of land for 5, The Paddocks, Newmarket as measuring 425 m2.
That makes it the 5th largest plot in the postcode, where 6 of the 14 other houses have recorded plot data.
Energy Efficiency
5, The Paddocks, Newmarket has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Mar 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, Systems with radiators, electric.
Sold Prices
The most recent sale of 5, The Paddocks, Newmarket completed on 22nd January 2024 at £520,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 7.5% over the period since January 2024.
- Sold Jan 2024£520,000
- Sold Dec 2020£450,000
- Sold Apr 2017£375,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, The Paddocks, Newmarket have sold within a radius of 4.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th January 2022, was 12, The Paddocks, Newmarket, CB8 9EU, a leasehold house which sold for £205,000.
Read more about house prices in CB8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 14 addresses on The Paddocks, Cheveley, Newmarket, CB8, 5, The Paddocks, Newmarket comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £134k more expensive than the average property across the CB8 district.
More reading links
Schools Nearby
- 700mCheveley CofE Primary School
- 4.5kmDitton Lodge Primary School
- 4.6kmMoulton Church of England Voluntary Controlled Primary School
- 6.0kmNewmarket Academy
- 14.1kmSamuel Ward Academy
- 14.3kmBottisham Village College
More reading links
Public Transport Nearby
From 5, The Paddocks, Newmarket, the nearest station is Newmarket, 4.7 kilometres away.
- 4.7kmNewmarket
- 6.9kmDullingham
- 7.0kmKennett
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.
