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

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

40 HEASMAN CLOSE is a midsized detached house of 118m², built sometime between 1996 and 2002. It was last sold for £200,000 in December 2021, which was around 54% 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	£434,943	54% below HPI
1999 18 JUN	£140,000	£109,516	28% 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 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the December 2021 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

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 in Newmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Newmarket, and where 40 HEASMAN CLOSE lies on this distribution: 53% of detached 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.