2, SAXON CLOSE, EXNING, NEWMARKET, CB8 7NS - £615,000

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

2 SAXON CLOSE is a large extended detached house of 183m², built sometime between 1983 and 1990, which could now be worth an estimated £869,574. It was last sold for £615,000 in October 2015, which was around 88% above the average October 2015 detached price in the West Suffolk local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

2 SAXON CLOSE Sold Prices

Land registry data shows two sales for 2 SAXON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. Both of the two 2 SAXON CLOSE sales 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
2015 20 OCT	£615,000	£327,815	88% above HPI
2006 2 AUG	£525,000	£254,697	106% above HPI

2 SAXON 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 two 2 SAXON CLOSE sales from August 2006 and October 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 August 2006 sale was for 106% above the HPI. So the extrapolation line tracks at 106% above the HPI over time, until the October 2015 sale, where it falls to 88% above the HPI. The line then continues to track at 88% above the HPI.

What might 2 SAXON CLOSE be worth now?

2 SAXON CLOSE might now be worth an estimated £869,574.

This is based on house price inflation of 41.4%, between October 2015 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 41.4% inflationary increase is applied to the most recent sale price for 2 SAXON CLOSE of £615,000 on 20th October 2015. For the value to have increased from £615,000 to £869,574 over the eight years and ten months to December 2024, the following assumptions must hold true:

• The value of 2 SAXON CLOSE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The October 2015 sale price of £615,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SAXON CLOSE has not materially changed since October 2015.

How Large is 2 SAXON CLOSE?

2 SAXON CLOSE is 183m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the largest 30% of detached houses houses in Exning, based on EPC data. The below chart shows the distribution of detached houses houses by size in Exning, and where 2 SAXON CLOSE lies on this distribution: 76% of detached houses houses are smaller than 2 SAXON CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Exning.

2 SAXON CLOSE: Plot and Title Map

2 SAXON CLOSE sits on a plot of roughly 0.435 of an acre, or 1,762m². The below map shows the location of 2 SAXON 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 SAXON 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 SAXON CLOSE?

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