16, VINCENT CLOSE, NEWMARKET, CB8 7AN - £160,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 VINCENT CLOSE is a very small detached house of 61m², built sometime between 1967 and 1975. It was last sold for £160,000 in May 2015, which was around 49% 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.

16 VINCENT CLOSE Sold Prices

Land registry data shows five sales for 16 VINCENT CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the five 16 VINCENT 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
2015 29 MAY	£160,000	£316,225	49% below HPI
2008 20 MAR	£147,500	£270,645	46% below HPI
2006 23 JUN	£130,000	£243,208	47% below HPI
2002 20 DEC	£103,000	£192,558	47% below HPI
1996 5 JUL	£43,000	£82,265	48% below HPI

16 VINCENT 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 five 16 VINCENT CLOSE sales between July 1996 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 March 2008 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the May 2015 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 16 VINCENT CLOSE?

16 VINCENT CLOSE is 61m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of detached houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Newmarket, and where 16 VINCENT CLOSE lies on this distribution: 5% of detached houses are smaller than 16 VINCENT CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

16 VINCENT CLOSE: Plot and Title Map

16 VINCENT CLOSE sits on a plot of roughly 0.021 of an acre, or 84m². The below map shows the location of 16 VINCENT 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 16 VINCENT 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 16 VINCENT CLOSE?

16 VINCENT CLOSE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 16 on VINCENT CLOSE.