41, DRINKWATER CLOSE, NEWMARKET, CB8 0QN - £365,000

41 DRINKWATER CLOSE is a large extended detached house of 175m², built sometime between 1983 and 1990. It was last sold for £365,000 in April 2016, which was around 8% above the average April 2016 detached price in the West Suffolk local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

41 DRINKWATER CLOSE Sold Prices

Land registry data shows two sales for 41 DRINKWATER 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 41 DRINKWATER 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
2016 11 APR	£365,000	£337,709	8% above HPI
2005 23 SEP	£302,000	£245,916	23% above HPI

41 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 two 41 DRINKWATER CLOSE sales from September 2005 and April 2016 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 2005 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the April 2016 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 41 DRINKWATER CLOSE?

41 DRINKWATER CLOSE is 175m², which includes two extensions, according to the EPC inspection conducted in March 2015. 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 41 DRINKWATER CLOSE lies on this distribution: 79% of detached houses are smaller than 41 DRINKWATER CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

41 DRINKWATER CLOSE: Plot and Title Map

41 DRINKWATER CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 41 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 41 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 41 DRINKWATER CLOSE?

41 DRINKWATER CLOSE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 41 on DRINKWATER CLOSE.