14, MARKHAMS CLOSE, HAVERHILL, CB9 9JS - £242,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

14 MARKHAMS CLOSE is a small extended detached house of 96m², built sometime between 1983 and 1990, which could now be worth an estimated £333,239. It was last sold for £242,000 in February 2016, which was around 28% below the average February 2016 detached price in the West Suffolk local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

14 MARKHAMS CLOSE Sold Prices

Land registry data shows four sales for 14 MARKHAMS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the four 14 MARKHAMS CLOSE sales were for below 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
2016 19 FEB	£242,000	£336,604	28% below HPI
2013 19 JUL	£195,000	£273,318	29% below HPI
1999 2 SEP	£89,500	£114,738	22% below HPI
1996 19 APR	£63,000	£81,570	23% below HPI

14 MARKHAMS 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 four 14 MARKHAMS CLOSE sales between April 1996 and February 2016 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 July 2013 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2016 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 14 MARKHAMS CLOSE be worth now?

14 MARKHAMS CLOSE might now be worth an estimated £333,239.

This is based on house price inflation of 37.7%, between February 2016 and December 2024, 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 37.7% inflationary increase is applied to the most recent sale price for 14 MARKHAMS CLOSE of £242,000 on 19th February 2016. For the value to have increased from £242,000 to £333,239 over the seven years and two months to December 2024, the following assumptions must hold true:

• The value of 14 MARKHAMS CLOSE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The February 2016 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MARKHAMS CLOSE has not materially changed since February 2016.

How Large is 14 MARKHAMS CLOSE?

14 MARKHAMS CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the smallest 30% of detached houses houses in Haverhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Haverhill, and where 14 MARKHAMS CLOSE lies on this distribution: 30% of detached houses houses are smaller than 14 MARKHAMS CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Haverhill.

14 MARKHAMS CLOSE: Plot and Title Map

14 MARKHAMS CLOSE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 14 MARKHAMS 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 MARKHAMS 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 MARKHAMS CLOSE?

14 MARKHAMS CLOSE is located in HAVERHILL, in the CB9 postcode district. The below map shows the position of No. 14 on MARKHAMS CLOSE.