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

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.

3 CECIL LODGE CLOSE is a large extended detached house of 175m², built sometime between 1983 and 1990, which could now be worth an estimated £804,467. It was last sold for £465,000 in May 2012, which was around 79% 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	£260,409	79% above HPI
2004 7 APR	£347,500	£226,547	53% 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 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the May 2012 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

What might 3 CECIL LODGE CLOSE be worth now?

3 CECIL LODGE CLOSE might now be worth an estimated £804,467.

This is based on house price inflation of 73%, between May 2012 and February 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 73% inflationary increase is applied to the most recent sale price for 3 CECIL LODGE CLOSE of £465,000 on 30th May 2012. For the value to have increased from £465,000 to £804,467 over the thirteen years and three months to February 2025, the following assumptions must hold true:

• The value of 3 CECIL LODGE CLOSE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The May 2012 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CECIL LODGE CLOSE has not materially changed since May 2012.

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 houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newmarket, and where 3 CECIL LODGE CLOSE lies on this distribution: 79% of detached houses 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.