12, ELLIOTT CLOSE, NEWMARKET, CB8 7SE - £390,000

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.

12 ELLIOTT CLOSE is a small extended detached house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £390,120. It was last sold for £390,000 in May 2023, which was around 13% below the average May 2023 detached price in the West Suffolk local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

12 ELLIOTT CLOSE Sold Prices

Land registry data shows three sales for 12 ELLIOTT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. The three 12 ELLIOTT CLOSE sales were a mix of below the average price, and roughly equal to 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
2023 26 MAY	£390,000	£448,604	13% below HPI
2009 10 AUG	£215,000	£232,879	8% below HPI
2002 12 JUL	£187,500	£187,838	Close to HPI

12 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 three 12 ELLIOTT CLOSE sales between July 2002 and May 2023 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 August 2009 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2023 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 12 ELLIOTT CLOSE be worth now?

12 ELLIOTT CLOSE might now be worth an estimated £390,120.

This is based on house price inflation of 0%, between May 2023 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 0% inflationary increase is applied to the most recent sale price for 12 ELLIOTT CLOSE of £390,000 on 26th May 2023. For the value to have increased from £390,000 to £390,120 over the two years and two months to March 2025, the following assumptions must hold true:

• The value of 12 ELLIOTT CLOSE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The May 2023 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ELLIOTT CLOSE has not materially changed since May 2023.

How Large is 12 ELLIOTT CLOSE?

12 ELLIOTT CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 40% 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 12 ELLIOTT CLOSE lies on this distribution: 34% of detached houses houses are smaller than 12 ELLIOTT CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

12 ELLIOTT CLOSE: Plot and Title Map

12 ELLIOTT CLOSE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 12 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 12 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 12 ELLIOTT CLOSE?

12 ELLIOTT CLOSE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 12 on ELLIOTT CLOSE.