2, ICKNIELD CLOSE, CHEVELEY, NEWMARKET, CB8 9SU - £216,000

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

2 ICKNIELD CLOSE is a very small detached house of 59m², built sometime between 1983 and 1990. It was last sold for £216,000 in July 2018, which was around 45% below the average July 2018 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

2 ICKNIELD CLOSE Sold Prices

Land registry data shows three sales for 2 ICKNIELD 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. All of the three 2 ICKNIELD 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
2018 27 JUL	£216,000	£393,126	45% below HPI
2015 4 DEC	£190,000	£333,027	43% below HPI
1998 8 SEP	£66,000	£99,419	34% below HPI

2 ICKNIELD 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 2 ICKNIELD CLOSE sales between September 1998 and July 2018 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 December 2015 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the July 2018 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 2 ICKNIELD CLOSE?

2 ICKNIELD CLOSE is 59m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 10% of detached houses in Cheveley, based on EPC data. The below chart shows the distribution of detached houses by size in Cheveley, and where 2 ICKNIELD CLOSE lies on this distribution: 3% of detached houses are smaller than 2 ICKNIELD CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Cheveley.

2 ICKNIELD CLOSE: Plot and Title Map

2 ICKNIELD CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 2 ICKNIELD 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 2 ICKNIELD 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 2 ICKNIELD CLOSE?

2 ICKNIELD CLOSE is located in CHEVELEY, in the CB8 postcode district. The below map shows the position of No. 2 on ICKNIELD CLOSE.