17, MALVERN CLOSE, NEWMARKET, CB8 8BP - £415,000

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.

17 MALVERN CLOSE is a midsized detached house of 129m², built sometime between 1976 and 1982, which could now be worth an estimated £525,953. It was last sold for £415,000 in September 2017, which was around 6% above the average September 2017 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

17 MALVERN CLOSE Sold Prices

Land registry data shows three sales for 17 MALVERN 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 East Cambridgeshire local authority area for the corresponding sale date. Two of the three 17 MALVERN CLOSE sales were for above the average price, whilst one was 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
2017 8 SEP	£415,000	£392,289	6% above HPI
2016 14 JUL	£400,000	£365,053	10% above HPI
2014 22 DEC	£275,000	£311,562	12% below HPI

17 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 three 17 MALVERN CLOSE sales between December 2014 and September 2017 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 2016 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the September 2017 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 17 MALVERN CLOSE be worth now?

17 MALVERN CLOSE might now be worth an estimated £525,953.

This is based on house price inflation of 26.7%, between September 2017 and February 2025, for detached houses, in the East Cambridgeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.7% inflationary increase is applied to the most recent sale price for 17 MALVERN CLOSE of £415,000 on 8th September 2017. For the value to have increased from £415,000 to £525,953 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 17 MALVERN CLOSE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The September 2017 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 17 MALVERN CLOSE has not materially changed since September 2017.

How Large is 17 MALVERN CLOSE?

17 MALVERN CLOSE is 129m² according to the EPC inspection conducted in June 2016. This puts it in the largest 50% 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 17 MALVERN CLOSE lies on this distribution: 59% of detached houses houses are smaller than 17 MALVERN CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

17 MALVERN CLOSE: Plot and Title Map

17 MALVERN CLOSE sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 17 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 17 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 17 MALVERN CLOSE?

17 MALVERN CLOSE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 17 on MALVERN CLOSE.