49, HEASMAN CLOSE, NEWMARKET, CB8 0GR - £310,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

49 HEASMAN CLOSE is a small detached house of 87m², built sometime between 1996 and 2002. It was last sold for £310,000 in November 2020, which was around 23% below the average November 2020 detached price in the West Suffolk local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

49 HEASMAN CLOSE Sold Prices

Land registry data shows three sales for 49 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. Two of the three 49 HEASMAN CLOSE sales were for below the average price, whilst one 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
2020 30 NOV	£310,000	£401,632	23% below HPI
2006 12 JUN	£222,000	£243,208	9% below HPI
1998 23 DEC	£110,500	£102,916	7% above HPI

49 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 49 HEASMAN CLOSE sales between December 1998 and November 2020 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 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 49 HEASMAN CLOSE?

49 HEASMAN CLOSE is 87m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 30% of detached houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Newmarket, and where 49 HEASMAN CLOSE lies on this distribution: 25% of detached houses are smaller than 49 HEASMAN CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

49 HEASMAN CLOSE: Plot and Title Map

49 HEASMAN CLOSE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 49 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 49 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 49 HEASMAN CLOSE?

49 HEASMAN CLOSE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 49 on HEASMAN CLOSE.