31, TITHE CLOSE, GAZELEY, NEWMARKET, CB8 8RS - £512,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

31 TITHE CLOSE is a large detached house of 144m², built sometime between 1967 and 1975, which could now be worth an estimated £588,728. It was last sold for £512,500 in December 2020, which was around 27% above the average December 2020 detached price in the West Suffolk local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was D.

31 TITHE CLOSE Sold Prices

Land registry data shows three sales for 31 TITHE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the three 31 TITHE 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
2020 18 DEC	£512,500	£403,496	27% above HPI
2018 16 JUL	£475,000	£382,755	24% above HPI
2010 17 DEC	£325,000	£264,751	23% above HPI

31 TITHE 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 three 31 TITHE CLOSE sales between December 2010 and December 2020 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 July 2018 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the December 2020 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 31 TITHE CLOSE be worth now?

31 TITHE CLOSE might now be worth an estimated £588,728.

This is based on house price inflation of 14.9%, between December 2020 and December 2024, 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 14.9% inflationary increase is applied to the most recent sale price for 31 TITHE CLOSE of £512,500 on 18th December 2020. For the value to have increased from £512,500 to £588,728 over the four years to December 2024, the following assumptions must hold true:

• The value of 31 TITHE CLOSE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The December 2020 sale price of £512,500 represented a fair market value for the property.
• The size, condition, and specification of 31 TITHE CLOSE has not materially changed since December 2020.

How Large is 31 TITHE CLOSE?

31 TITHE CLOSE is 144m² according to the EPC inspection conducted in September 2010. This puts it in the largest 40% of detached houses houses in Gazeley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gazeley, and where 31 TITHE CLOSE lies on this distribution: 69% of detached houses houses are smaller than 31 TITHE CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Gazeley.

31 TITHE CLOSE: Plot and Title Map

31 TITHE CLOSE sits on a plot of roughly 0.193 of an acre, or 780m². The below map shows the location of 31 TITHE 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 31 TITHE 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 31 TITHE CLOSE?

31 TITHE CLOSE is located in GAZELEY, in the CB8 postcode district. The below map shows the position of No. 31 on TITHE CLOSE.