7, FERNDALE CLOSE, NEWMARKET, CB8 7DZ - £184,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 FERNDALE CLOSE is a large detached house of 166m², built sometime between 1967 and 1975, which could now be worth an estimated £762,850. It was last sold for £184,500 in August 1999, which was around 65% above the average August 1999 detached price in the West Suffolk local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

7 FERNDALE CLOSE Sold Prices

Land registry data shows two sales for 7 FERNDALE 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. Both of the two 7 FERNDALE 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
1999 24 AUG	£184,500	£112,103	65% above HPI
1997 25 JUL	£140,000	£88,963	57% above HPI

7 FERNDALE 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 7 FERNDALE CLOSE sales from July 1997 and August 1999 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 July 1997 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the August 1999 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might 7 FERNDALE CLOSE be worth now?

7 FERNDALE CLOSE might now be worth an estimated £762,850.

This is based on house price inflation of 313.5%, between August 1999 and December 2024, 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 313.5% inflationary increase is applied to the most recent sale price for 7 FERNDALE CLOSE of £184,500 on 24th August 1999. For the value to have increased from £184,500 to £762,850 over the 24 years and eight months to December 2024, the following assumptions must hold true:

• The value of 7 FERNDALE CLOSE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The August 1999 sale price of £184,500 represented a fair market value for the property.
• The size, condition, and specification of 7 FERNDALE CLOSE has not materially changed since August 1999.

How Large is 7 FERNDALE CLOSE?

7 FERNDALE CLOSE is 166m² according to the EPC inspection conducted in March 2015. This puts it in the largest 30% 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 7 FERNDALE CLOSE lies on this distribution: 76% of detached houses houses are smaller than 7 FERNDALE CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

7 FERNDALE CLOSE: Plot and Title Map

7 FERNDALE CLOSE sits on a plot of roughly 0.162 of an acre, or 655m². The below map shows the location of 7 FERNDALE 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 7 FERNDALE 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 7 FERNDALE CLOSE?

7 FERNDALE CLOSE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 7 on FERNDALE CLOSE.