11, ELLIOTT CLOSE, NEWMARKET, CB8 7SE - £285,000

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.

11 ELLIOTT CLOSE is a very small detached house of 77m², built sometime between 1976 and 1982, which could now be worth an estimated £399,262. It was last sold for £285,000 in May 2015, which was around 11% below the average May 2015 detached price in the West Suffolk local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was B.

11 ELLIOTT CLOSE Sold Prices

Land registry data shows two sales for 11 ELLIOTT 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. One of the two 11 ELLIOTT CLOSE sales was for below the average price, whilst the other was 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
2015 29 MAY	£285,000	£320,320	11% below HPI
1997 24 JAN	£86,000	£84,206	2% above HPI

11 ELLIOTT 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 11 ELLIOTT CLOSE sales from January 1997 and May 2015 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 January 1997 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2015 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 11 ELLIOTT CLOSE be worth now?

11 ELLIOTT CLOSE might now be worth an estimated £399,262.

This is based on house price inflation of 40.1%, between May 2015 and March 2025, for detached 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 40.1% inflationary increase is applied to the most recent sale price for 11 ELLIOTT CLOSE of £285,000 on 29th May 2015. For the value to have increased from £285,000 to £399,262 over the ten years and two months to March 2025, the following assumptions must hold true:

• The value of 11 ELLIOTT CLOSE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The May 2015 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 11 ELLIOTT CLOSE has not materially changed since May 2015.

How Large is 11 ELLIOTT CLOSE?

11 ELLIOTT CLOSE is 77m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% of detached houses houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newmarket, and where 11 ELLIOTT CLOSE lies on this distribution: 15% of detached houses houses are smaller than 11 ELLIOTT CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

11 ELLIOTT CLOSE: Plot and Title Map

11 ELLIOTT CLOSE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 11 ELLIOTT 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 11 ELLIOTT 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 11 ELLIOTT CLOSE?

11 ELLIOTT CLOSE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 11 on ELLIOTT CLOSE.