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

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

5 HEASMAN CLOSE is a midsized detached house of 108m², built sometime between 2003 and 2006. It was last sold for £310,000 in March 2007, which was around 20% above the average March 2007 detached price in the West Suffolk local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

5 HEASMAN CLOSE Sold Prices

Land registry data shows three sales for 5 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. All of the three 5 HEASMAN CLOSE sales 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
2007 30 MAR	£310,000	£257,829	20% above HPI
2004 4 NOV	£275,000	£236,562	16% above HPI
1999 14 APR	£138,150	£107,733	28% above HPI

5 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 5 HEASMAN CLOSE sales between April 1999 and March 2007 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 2004 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the March 2007 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 5 HEASMAN CLOSE?

5 HEASMAN CLOSE is 108m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 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 5 HEASMAN CLOSE lies on this distribution: 45% of detached houses are smaller than 5 HEASMAN CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

5 HEASMAN CLOSE: Plot and Title Map

5 HEASMAN CLOSE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 5 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 5 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 5 HEASMAN CLOSE?

5 HEASMAN CLOSE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 5 on HEASMAN CLOSE.