40, HEASMAN CLOSE, NEWMARKET, CB8 0GR - £200,000

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.

40 HEASMAN CLOSE is a midsized detached house of 118m², built sometime between 1996 and 2002, which could now be worth an estimated £203,707. It was last sold for £200,000 in December 2021, which was around 55% below the average December 2021 detached price in the West Suffolk local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

40 HEASMAN CLOSE Sold Prices

Land registry data shows two sales for 40 HEASMAN 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. One of the two 40 HEASMAN CLOSE sales was for below the average price, whilst the other was 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
2021 21 DEC	£200,000	£440,576	55% below HPI
1999 18 JUN	£140,000	£110,934	26% above HPI

40 HEASMAN 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 40 HEASMAN CLOSE sales from June 1999 and December 2021 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 June 1999 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the December 2021 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

What might 40 HEASMAN CLOSE be worth now?

40 HEASMAN CLOSE might now be worth an estimated £203,707.

This is based on house price inflation of 1.9%, between December 2021 and March 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 1.9% inflationary increase is applied to the most recent sale price for 40 HEASMAN CLOSE of £200,000 on 21st December 2021. For the value to have increased from £200,000 to £203,707 over the four years and nine months to March 2025, the following assumptions must hold true:

• The value of 40 HEASMAN CLOSE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The December 2021 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 40 HEASMAN CLOSE has not materially changed since December 2021.

How Large is 40 HEASMAN CLOSE?

40 HEASMAN CLOSE is 118m² according to the EPC inspection conducted in November 2021. This puts it in the largest 50% 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 40 HEASMAN CLOSE lies on this distribution: 52% of detached houses houses are smaller than 40 HEASMAN CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

40 HEASMAN CLOSE: Plot and Title Map

40 HEASMAN CLOSE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 40 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 40 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 40 HEASMAN CLOSE?

40 HEASMAN CLOSE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 40 on HEASMAN CLOSE.