Unit 8, Park Lane House, 65 Granby Street, Newmarket, CB8 8EZ is a leasehold flat built between 2007-2011. The property offers approximately 549 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £175,021 , which equates to approximately £319 per square foot. It was last sold on 5 Jan 2011 for £118,000. Since then, the value has increased by £57,021, representing a 48.3% increase, or approximately 3.2% per year.

The current estimated value of £175,021 is:

  • 31.2% lower than the average property price on Granby Street
  • 24.9% lower than the average in the CB8 8EZ postcode area
  • and 54.2% lower than the average price for Newmarket as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 14 July 2021, the property was recorded as rented.

View sold house prices in CB8 8EZ

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
549 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£175,021
Price Per sq ft (estimate)
£319
Bedroom Count (estimate)
1 bedroom

EPC Summary

Unit 8, Park Lane House, 65 Granby Street, Newmarket, West Suffolk, Suffolk, CB8 8EZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 14 Jul 2021.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 14 Aug 2010, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 7.1%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 300+ mm loft insulation to pitched, 300 mm loft insulation, with no change in energy efficiency (very good).
  • The wall construction or insulation changed from solid brick, with internal insulation to solid brick, as built, insulated (assumed), changing energy efficiency from very good to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Solid brick, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CB8 8EZ

31 st / 35
Price Rank
25% lower than average
26 th / 32
Size Rank
28% smaller than average
22 nd / 32
Price Per Sq FT Rank
4% higher than average

Compared to other properties in CB8 8EZ , this flat's estimated value ranks 31th out of 35. Based on price per square foot, it ranks 22th out of 32 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 26th out of 32 properties in its postcode area.

Sale History

Today
£175,021
streetscan.co.uk estimate
+48 %
5 Jan 2011
£118,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 506 sq ft
sale price: £150,000
sale date: 4 May 2021
rooms: 2
size: 603 sq ft
sale price: £165,000
sale date: 30 Aug 2019
rooms: 2
size: 517 sq ft
sale price: £125,000
sale date: 5 Jan 2011

Data Sources

The property at Unit 8, Park Lane House, 65 Granby Street, Newmarket, West Suffolk, Suffolk, CB8 8EZ appears once in the Land Registry records, with the transaction recorded on 5 Jan 2011. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Jul 2021. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.