44, HEASMAN CLOSE, NEWMARKET, CB8 0GR - £425,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

44 HEASMAN CLOSE is a large detached house of 133m², built sometime between 1996 and 2002. It was last sold for £425,000 in May 2022, which was around 4% below the average May 2022 detached price in the West Suffolk local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

44 HEASMAN CLOSE Sold Prices

Land registry data shows three sales for 44 HEASMAN 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. One of the three 44 HEASMAN CLOSE sales was for below the average price, whilst two 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
2022 19 MAY	£425,000	£440,834	4% below HPI
2005 25 NOV	£310,000	£240,783	29% above HPI
1999 26 MAR	£136,750	£106,793	28% above HPI

44 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 three 44 HEASMAN CLOSE sales between March 1999 and May 2022 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 November 2005 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the May 2022 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 44 HEASMAN CLOSE?

44 HEASMAN CLOSE is 133m² according to the EPC inspection conducted in May 2017. This puts it in the largest 40% of detached houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Newmarket, and where 44 HEASMAN CLOSE lies on this distribution: 62% of detached houses are smaller than 44 HEASMAN CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

44 HEASMAN CLOSE: Plot and Title Map

44 HEASMAN CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 44 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 44 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 44 HEASMAN CLOSE?

44 HEASMAN CLOSE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 44 on HEASMAN CLOSE.