18, TITHE CLOSE, GAZELEY, NEWMARKET, CB8 8RS - £326,000

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

18 TITHE CLOSE is a midsized extended detached house of 120m², built sometime between 1967 and 1975, which could now be worth an estimated £422,774. It was last sold for £326,000 in August 2016, which was around 9% below the average August 2016 detached price in the West Suffolk local authority area. The most recent EPC inspection was December 2015, where the current energy rating was E, and the potential energy rating was A.

18 TITHE CLOSE Sold Prices

Land registry data shows four sales for 18 TITHE 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. two of the four 18 TITHE CLOSE sales were for below the average price, and four 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
2016 10 AUG	£326,000	£357,412	9% below HPI
2015 24 AUG	£272,000	£322,335	16% below HPI
2000 20 JUL	£141,000	£130,200	8% above HPI
1998 23 OCT	£115,000	£103,546	11% above HPI

18 TITHE 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 18 TITHE CLOSE sales between October 1998 and August 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 August 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2016 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 18 TITHE CLOSE be worth now?

18 TITHE CLOSE might now be worth an estimated £422,774.

This is based on house price inflation of 29.7%, between August 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 29.7% inflationary increase is applied to the most recent sale price for 18 TITHE CLOSE of £326,000 on 10th August 2016. For the value to have increased from £326,000 to £422,774 over the seven years and eight months to December 2024, the following assumptions must hold true:

• The value of 18 TITHE CLOSE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The August 2016 sale price of £326,000 represented a fair market value for the property.
• The size, condition, and specification of 18 TITHE CLOSE has not materially changed since August 2016.

How Large is 18 TITHE CLOSE?

18 TITHE CLOSE is 120m², which includes two extensions, according to the EPC inspection conducted in December 2015. This puts it in the smallest 50% of detached houses houses in Gazeley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gazeley, and where 18 TITHE CLOSE lies on this distribution: 41% of detached houses houses are smaller than 18 TITHE CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Gazeley.

18 TITHE CLOSE: Plot and Title Map

18 TITHE CLOSE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 18 TITHE 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 18 TITHE 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 18 TITHE CLOSE?

18 TITHE CLOSE is located in GAZELEY, in the CB8 postcode district. The below map shows the position of No. 18 on TITHE CLOSE.