29, MALVERN CLOSE, NEWMARKET, CB8 8BP - £325,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

29 MALVERN CLOSE is a small extended detached house of 99m², built sometime between 1950 and 1966. It was last sold for £325,000 in September 2014, which was around 9% above the average September 2014 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

29 MALVERN CLOSE Sold Prices

Land registry data shows two sales for 29 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. One of the two 29 MALVERN CLOSE sales was for above the average price, whilst the other was 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
2014 9 SEP	£325,000	£298,793	9% above HPI
2007 26 SEP	£250,000	£258,220	3% below HPI

29 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 29 MALVERN CLOSE sales from September 2007 and September 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 September 2007 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2014 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 29 MALVERN CLOSE?

29 MALVERN CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the smallest 40% of detached houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Newmarket, and where 29 MALVERN CLOSE lies on this distribution: 36% of detached houses are smaller than 29 MALVERN CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

29 MALVERN CLOSE: Plot and Title Map

29 MALVERN CLOSE sits on a plot of roughly 0.146 of an acre, or 591m². The below map shows the location of 29 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 29 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 29 MALVERN CLOSE?

29 MALVERN CLOSE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 29 on MALVERN CLOSE.