37, HEASMAN CLOSE, NEWMARKET, CB8 0GR - £262,000

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.

37 HEASMAN CLOSE is a very small semi-detached house of 58m², built sometime between 1996 and 2002, which could now be worth an estimated £259,616. It was last sold for £262,000 in March 2023, which was around 7% below the average March 2023 semi-detached price in the West Suffolk local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

37 HEASMAN CLOSE Sold Prices

Land registry data shows four sales for 37 HEASMAN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the West Suffolk local authority area for the corresponding sale date. Most of the four 37 HEASMAN 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
2023 29 MAR	£262,000	£280,928	7% below HPI
2017 14 SEP	£227,500	£234,608	3% below HPI
2012 5 SEP	£158,000	£169,196	7% below HPI
1999 7 MAY	£74,000	£65,561	13% above HPI

37 HEASMAN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Suffolk local authority area over time, sourced from the HPI. The four 37 HEASMAN CLOSE sales between May 1999 and March 2023 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 2017 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2023 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 37 HEASMAN CLOSE be worth now?

37 HEASMAN CLOSE might now be worth an estimated £259,616.

This is based on house price deflation of 0.9%, between March 2023 and February 2025, for semi-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 0.9% deflationary decrease is applied to the most recent sale price for 37 HEASMAN CLOSE of £262,000 on 29th March 2023. For the value to have decreased from £262,000 to £259,616 over the two years and one month to February 2025, the following assumptions must hold true:

• The value of 37 HEASMAN CLOSE has moved in line with the HPI for semi-detached houses in the West Suffolk local authority area.
• The March 2023 sale price of £262,000 represented a fair market value for the property.
• The size, condition, and specification of 37 HEASMAN CLOSE has not materially changed since March 2023.

How Large is 37 HEASMAN CLOSE?

37 HEASMAN CLOSE is 58m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% of semi-detached houses houses in Newmarket, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newmarket, and where 37 HEASMAN CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 37 HEASMAN CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

37 HEASMAN CLOSE: Plot and Title Map

37 HEASMAN CLOSE sits on a plot of roughly 0.034 of an acre, or 137m². The below map shows the location of 37 HEASMAN 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 37 HEASMAN 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 37 HEASMAN CLOSE?

37 HEASMAN CLOSE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 37 on HEASMAN CLOSE.