35, DRINKWATER CLOSE, NEWMARKET, CB8 0QN - £275,000

35 DRINKWATER CLOSE is a very small detached house of 58m², built sometime between 1983 and 1990. It was last sold for £275,000 in May 2022, which was around 38% below the average May 2022 detached price in the West Suffolk local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

35 DRINKWATER CLOSE Sold Prices

Land registry data shows three sales for 35 DRINKWATER 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 35 DRINKWATER CLOSE sales were for below 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
2022 6 MAY	£275,000	£441,117	38% below HPI
2018 15 JUN	£240,000	£371,949	35% below HPI
2014 2 MAY	£210,000	£285,285	26% below HPI

35 DRINKWATER 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 35 DRINKWATER CLOSE sales between May 2014 and May 2022 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 2018 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2022 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 35 DRINKWATER CLOSE?

35 DRINKWATER CLOSE is 58m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of detached houses in Newmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Newmarket, and where 35 DRINKWATER CLOSE lies on this distribution: 2% of detached houses are smaller than 35 DRINKWATER CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

35 DRINKWATER CLOSE: Plot and Title Map

35 DRINKWATER CLOSE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 35 DRINKWATER 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 35 DRINKWATER 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 35 DRINKWATER CLOSE?

35 DRINKWATER CLOSE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 35 on DRINKWATER CLOSE.