Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
271 HETHERSETT CLOSE is a very small detached house of 61m², built sometime between 1950 and 1966. 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.
Land registry data shows five sales for 271 HETHERSETT CLOSE since 1st 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 | £465,688 | 43% below HPI |
2018 5 OCT | £214,000 | £381,651 | 44% below HPI |
2010 15 OCT | £127,000 | £265,314 | 52% below HPI |
2005 9 AUG | £115,000 | £242,857 | 53% below HPI |
2000 27 OCT | £56,000 | £136,522 | 59% below HPI |
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 44% below the HPI. So the extrapolation line tracks at 44% 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.
271 HETHERSETT CLOSE is 61m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of detached houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Newmarket, and where 271 HETHERSETT CLOSE lies on this distribution: 5% of detached 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 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.
271 HETHERSETT CLOSE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 271 on HETHERSETT CLOSE.