2, RECTORY CLOSE, OUSDEN, NEWMARKET, CB8 8UD - £425,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 RECTORY CLOSE is a small detached house of 128m², built sometime between 1967 and 1975, which could now be worth an estimated £497,731. It was last sold for £425,000 in September 2019, which was around 9% above the average September 2019 detached price in the West Suffolk local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was A.

2 RECTORY CLOSE Sold Prices

Land registry data shows three sales for 2 RECTORY 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 2 RECTORY 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
2019 23 SEP	£425,000	£388,476	9% above HPI
2006 31 OCT	£310,000	£261,175	19% above HPI
2002 27 MAY	£197,500	£173,596	14% above HPI

2 RECTORY 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 2 RECTORY CLOSE sales between May 2002 and September 2019 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 October 2006 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the September 2019 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 2 RECTORY CLOSE be worth now?

2 RECTORY CLOSE might now be worth an estimated £497,731.

This is based on house price inflation of 17.1%, between September 2019 and April 2026, 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 17.1% inflationary increase is applied to the most recent sale price for 2 RECTORY CLOSE of £425,000 on 23rd September 2019. For the value to have increased from £425,000 to £497,731 over the seven years and five months to April 2026, the following assumptions must hold true:

• The value of 2 RECTORY CLOSE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The September 2019 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RECTORY CLOSE has not materially changed since September 2019.

How Large is 2 RECTORY CLOSE?

2 RECTORY CLOSE is 128m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 40% of detached houses houses in Ousden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ousden, and where 2 RECTORY CLOSE lies on this distribution: 36% of detached houses houses are smaller than 2 RECTORY CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Ousden.

2 RECTORY CLOSE: Plot and Title Map

2 RECTORY CLOSE sits on a plot of roughly 0.301 of an acre, or 1,219m². The below map shows the location of 2 RECTORY 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 2 RECTORY 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 2 RECTORY CLOSE?

2 RECTORY CLOSE is located in OUSDEN, in the CB8 postcode district. The below map shows the position of No. 2 on RECTORY CLOSE.