22, HILL CLOSE, NEWMARKET, CB8 0NR - £245,000

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.

22 HILL CLOSE is a small detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £377,804. It was last sold for £245,000 in June 2014, which was around 16% below the average June 2014 detached price in the West Suffolk local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

22 HILL CLOSE Sold Prices

Land registry data shows three sales for 22 HILL 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 West Suffolk local authority area for the corresponding sale date. Two of the three 22 HILL CLOSE sales were for below the average price, whilst one was 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
2014 27 JUN	£245,000	£292,153	16% below HPI
2002 28 JUN	£160,000	£180,356	11% below HPI
1995 7 JUL	£85,500	£80,170	7% above HPI

22 HILL 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 three 22 HILL CLOSE sales between July 1995 and June 2014 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 June 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2014 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 22 HILL CLOSE be worth now?

22 HILL CLOSE might now be worth an estimated £377,804.

This is based on house price inflation of 54.2%, between June 2014 and February 2025, 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 54.2% inflationary increase is applied to the most recent sale price for 22 HILL CLOSE of £245,000 on 27th June 2014. For the value to have increased from £245,000 to £377,804 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 22 HILL CLOSE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The June 2014 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 22 HILL CLOSE has not materially changed since June 2014.

How Large is 22 HILL CLOSE?

22 HILL CLOSE is 90m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% 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 22 HILL CLOSE lies on this distribution: 27% of detached houses houses are smaller than 22 HILL CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

22 HILL CLOSE: Plot and Title Map

22 HILL CLOSE sits on a plot of roughly 0.148 of an acre, or 597m². The below map shows the location of 22 HILL 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 22 HILL 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 22 HILL CLOSE?

22 HILL CLOSE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 22 on HILL CLOSE.