24, MALVERN CLOSE, NEWMARKET, CB8 8BP - £79,500

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

24 MALVERN CLOSE is a small extended detached house of 84m², built sometime between 1930 and 1949. It was last sold for £79,500 in August 1996, which was around 2% above the average August 1996 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

24 MALVERN CLOSE Sold Prices

Land registry data shows two sales for 24 MALVERN 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 East Cambridgeshire local authority area for the corresponding sale date. Both of the two 24 MALVERN 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
1996 20 AUG	£79,500	£77,960	2% above HPI
1995 4 APR	£75,000	£74,188	1% above HPI

24 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 two 24 MALVERN CLOSE sales from April 1995 and August 1996 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 April 1995 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 1996 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 24 MALVERN CLOSE?

24 MALVERN CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the smallest 30% of detached houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Newmarket, and where 24 MALVERN CLOSE lies on this distribution: 22% of detached houses are smaller than 24 MALVERN CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

24 MALVERN CLOSE: Plot and Title Map

24 MALVERN CLOSE sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of 24 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 24 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 24 MALVERN CLOSE?

24 MALVERN CLOSE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 24 on MALVERN CLOSE.