14, MALVERN CLOSE, NEWMARKET, CB8 8BP - £215,000

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

14 MALVERN CLOSE is a small extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £215,000 in July 2004, which was around 4% above the average July 2004 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

14 MALVERN CLOSE Sold Prices

Land registry data shows two sales for 14 MALVERN 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 East Cambridgeshire local authority area for the corresponding sale date. Both of the two 14 MALVERN 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
2004 9 JUL	£215,000	£207,161	4% above HPI
1998 5 NOV	£120,000	£100,111	20% above HPI

14 MALVERN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The two 14 MALVERN CLOSE sales from November 1998 and July 2004 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 November 1998 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the July 2004 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 14 MALVERN CLOSE?

14 MALVERN CLOSE is 85m², which includes two extensions, according to the EPC inspection conducted in November 2012. This puts it in the smallest 30% of detached houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Newmarket, and where 14 MALVERN CLOSE lies on this distribution: 23% of detached houses are smaller than 14 MALVERN CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

14 MALVERN CLOSE: Plot and Title Map

14 MALVERN CLOSE sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 14 MALVERN 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 14 MALVERN 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 14 MALVERN CLOSE?

14 MALVERN CLOSE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 14 on MALVERN CLOSE.