3, CECIL LODGE CLOSE, NEWMARKET, CB8 0ND - £465,000

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

3 CECIL LODGE CLOSE is a large extended detached house of 175m², built sometime between 1983 and 1990. It was last sold for £465,000 in May 2012, which was around 81% above the average May 2012 detached price in the West Suffolk local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

3 CECIL LODGE CLOSE Sold Prices

Land registry data shows two sales for 3 CECIL LODGE 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 West Suffolk local authority area for the corresponding sale date. Both of the two 3 CECIL LODGE 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
2012 30 MAY	£465,000	£257,079	81% above HPI
2004 7 APR	£347,500	£223,651	55% above HPI

3 CECIL LODGE 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 two 3 CECIL LODGE CLOSE sales from April 2004 and May 2012 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 2004 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the May 2012 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.

How Large is 3 CECIL LODGE CLOSE?

3 CECIL LODGE CLOSE is 175m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the largest 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 3 CECIL LODGE CLOSE lies on this distribution: 79% of detached houses are smaller than 3 CECIL LODGE CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

3 CECIL LODGE CLOSE: Plot and Title Map

3 CECIL LODGE CLOSE sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of 3 CECIL LODGE 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 3 CECIL LODGE 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 3 CECIL LODGE CLOSE?

3 CECIL LODGE CLOSE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 3 on CECIL LODGE CLOSE.