8, FERNDALE CLOSE, NEWMARKET, CB8 7DZ - £300,000

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

8 FERNDALE CLOSE is a large extended detached house of 157m², built sometime between 1967 and 1975. It was last sold for £300,000 in May 2003, which was around 50% above the average May 2003 detached price in the West Suffolk local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was C.

8 FERNDALE CLOSE Sold Prices

Land registry data shows two sales for 8 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 8 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
2003 8 MAY	£300,000	£199,608	50% above HPI
1997 30 SEP	£159,000	£92,063	73% above HPI

8 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 8 FERNDALE CLOSE sales from September 1997 and May 2003 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 September 1997 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the May 2003 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 8 FERNDALE CLOSE?

8 FERNDALE CLOSE is 157m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 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 8 FERNDALE CLOSE lies on this distribution: 72% of detached houses are smaller than 8 FERNDALE CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

8 FERNDALE CLOSE: Plot and Title Map

8 FERNDALE CLOSE sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 8 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 8 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 8 FERNDALE CLOSE?

8 FERNDALE CLOSE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 8 on FERNDALE CLOSE.