1, FERNDALE CLOSE, NEWMARKET, CB8 7DZ - £567,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

1 FERNDALE CLOSE is a large extended detached house of 133m², built sometime between 1976 and 1982. It was last sold for £567,000 in April 2022, which was around 30% above the average April 2022 detached price in the West Suffolk local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

1 FERNDALE CLOSE Sold Prices

Land registry data shows two sales for 1 FERNDALE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. Both of the two 1 FERNDALE CLOSE 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
2022 8 APR	£567,000	£435,137	30% above HPI
2015 22 SEP	£450,000	£321,857	40% above HPI

1 FERNDALE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The two 1 FERNDALE CLOSE sales from September 2015 and April 2022 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 September 2015 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the April 2022 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 1 FERNDALE CLOSE?

1 FERNDALE CLOSE is 133m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 40% of detached houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Newmarket, and where 1 FERNDALE CLOSE lies on this distribution: 62% of detached houses are smaller than 1 FERNDALE CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

1 FERNDALE CLOSE: Plot and Title Map

1 FERNDALE CLOSE sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of 1 FERNDALE CLOSE, 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 1 FERNDALE CLOSE). 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 1 FERNDALE CLOSE?

1 FERNDALE CLOSE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 1 on FERNDALE CLOSE.