3, ICKNIELD CLOSE, CHEVELEY, NEWMARKET, CB8 9SU - £195,000

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

3 ICKNIELD CLOSE is a very small extended detached house of 83m², built sometime between 1983 and 1990. It was last sold for £195,000 in March 2011, which was around 20% below the average March 2011 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

3 ICKNIELD CLOSE Sold Prices

Land registry data shows two sales for 3 ICKNIELD 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. Both of the two 3 ICKNIELD 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
2011 11 MAR	£195,000	£243,555	20% below HPI
1997 27 MAR	£72,000	£83,108	13% below HPI

3 ICKNIELD 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 3 ICKNIELD CLOSE sales from March 1997 and March 2011 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 March 1997 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2011 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 3 ICKNIELD CLOSE?

3 ICKNIELD CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the smallest 20% of detached houses in Cheveley, based on EPC data. The below chart shows the distribution of detached houses by size in Cheveley, and where 3 ICKNIELD CLOSE lies on this distribution: 17% of detached houses are smaller than 3 ICKNIELD CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Cheveley.

3 ICKNIELD CLOSE: Plot and Title Map

3 ICKNIELD CLOSE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 3 ICKNIELD 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 ICKNIELD 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 ICKNIELD CLOSE?

3 ICKNIELD CLOSE is located in CHEVELEY, in the CB8 postcode district. The below map shows the position of No. 3 on ICKNIELD CLOSE.