38, SILHALLS CLOSE, ASHLEY, NEWMARKET, CB8 9DZ - £440,000

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.

38 SILHALLS CLOSE is a midsized extended detached house of 132m², built sometime between 1967 and 1975, which could now be worth an estimated £477,349. It was last sold for £440,000 in January 2023, which was around 4% below the average January 2023 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was C.

38 SILHALLS CLOSE Sold Prices

Land registry data shows four sales for 38 SILHALLS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. two of the four 38 SILHALLS CLOSE sales were for below the average price, and four 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
2023 24 JAN	£440,000	£458,270	4% below HPI
2019 6 MAR	£375,000	£392,531	4% below HPI
2007 12 JAN	£280,000	£252,521	11% above HPI
2003 24 OCT	£235,000	£205,991	14% above HPI

38 SILHALLS 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 four 38 SILHALLS CLOSE sales between October 2003 and January 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 March 2019 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2023 sale, which was also at 4% below the HPI.

What might 38 SILHALLS CLOSE be worth now?

38 SILHALLS CLOSE might now be worth an estimated £477,349.

This is based on house price inflation of 8.5%, between January 2023 and February 2025, for detached houses, in the East Cambridgeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.5% inflationary increase is applied to the most recent sale price for 38 SILHALLS CLOSE of £440,000 on 24th January 2023. For the value to have increased from £440,000 to £477,349 over the one year and eleven months to February 2025, the following assumptions must hold true:

• The value of 38 SILHALLS CLOSE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The January 2023 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 38 SILHALLS CLOSE has not materially changed since January 2023.

How Large is 38 SILHALLS CLOSE?

38 SILHALLS CLOSE is 132m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the smallest 40% of detached houses houses in Ashley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashley, and where 38 SILHALLS CLOSE lies on this distribution: 40% of detached houses houses are smaller than 38 SILHALLS CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Ashley.

38 SILHALLS CLOSE: Plot and Title Map

38 SILHALLS CLOSE sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of 38 SILHALLS 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 38 SILHALLS 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 38 SILHALLS CLOSE?

38 SILHALLS CLOSE is located in ASHLEY, in the CB8 postcode district. The below map shows the position of No. 38 on SILHALLS CLOSE.