271, HETHERSETT CLOSE, NEWMARKET, CB8 7AT - £266,750

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.

271 HETHERSETT CLOSE is a very small detached house of 61m², built sometime between 1950 and 1966, which could now be worth an estimated £253,757. It was last sold for £266,750 in December 2022, which was around 43% below the average December 2022 detached price in the West Suffolk local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

271 HETHERSETT CLOSE Sold Prices

Land registry data shows five sales for 271 HETHERSETT CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the five 271 HETHERSETT 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
2022 7 DEC	£266,750	£471,719	43% below HPI
2018 5 OCT	£214,000	£386,593	45% below HPI
2010 15 OCT	£127,000	£268,750	53% below HPI
2005 9 AUG	£115,000	£246,002	53% below HPI
2000 27 OCT	£56,000	£138,290	60% below HPI

271 HETHERSETT 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 five 271 HETHERSETT CLOSE sales between October 2000 and December 2022 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 October 2018 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the December 2022 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 271 HETHERSETT CLOSE be worth now?

271 HETHERSETT CLOSE might now be worth an estimated £253,757.

This is based on house price deflation of 4.9%, between December 2022 and March 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 4.9% deflationary decrease is applied to the most recent sale price for 271 HETHERSETT CLOSE of £266,750 on 7th December 2022. For the value to have decreased from £266,750 to £253,757 over the three years and nine months to March 2025, the following assumptions must hold true:

• The value of 271 HETHERSETT CLOSE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The December 2022 sale price of £266,750 represented a fair market value for the property.
• The size, condition, and specification of 271 HETHERSETT CLOSE has not materially changed since December 2022.

How Large is 271 HETHERSETT CLOSE?

271 HETHERSETT CLOSE is 61m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% 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 271 HETHERSETT CLOSE lies on this distribution: 5% of detached houses houses are smaller than 271 HETHERSETT CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

271 HETHERSETT CLOSE: Plot and Title Map

271 HETHERSETT CLOSE sits on a plot of roughly 0.032 of an acre, or 128m². The below map shows the location of 271 HETHERSETT 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 271 HETHERSETT 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 271 HETHERSETT CLOSE?

271 HETHERSETT CLOSE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 271 on HETHERSETT CLOSE.