49, DRINKWATER CLOSE, NEWMARKET, CB8 0QW - £255,000

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.

49 DRINKWATER CLOSE is a small extended terraced house of 87m², built sometime between 1991 and 1995, which could now be worth an estimated £361,332. It was last sold for £255,000 in October 2015, which was around 56% above the average October 2015 terraced price in the West Suffolk local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

49 DRINKWATER CLOSE Sold Prices

Land registry data shows four sales for 49 DRINKWATER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the West Suffolk local authority area for the corresponding sale date. All of the four 49 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
2015 7 OCT	£255,000	£163,384	56% above HPI
2013 22 APR	£205,000	£135,837	51% above HPI
2009 27 MAR	£164,000	£111,977	46% above HPI
2001 25 MAY	£95,000	£64,328	48% above HPI

49 DRINKWATER CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Suffolk local authority area over time, sourced from the HPI. The four 49 DRINKWATER CLOSE sales between May 2001 and October 2015 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 April 2013 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the October 2015 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 49 DRINKWATER CLOSE be worth now?

49 DRINKWATER CLOSE might now be worth an estimated £361,332.

This is based on house price inflation of 41.7%, between October 2015 and June 2025, for terraced 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 41.7% inflationary increase is applied to the most recent sale price for 49 DRINKWATER CLOSE of £255,000 on 7th October 2015. For the value to have increased from £255,000 to £361,332 over the ten years and four months to June 2025, the following assumptions must hold true:

• The value of 49 DRINKWATER CLOSE has moved in line with the HPI for terraced houses in the West Suffolk local authority area.
• The October 2015 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 49 DRINKWATER CLOSE has not materially changed since October 2015.

How Large is 49 DRINKWATER CLOSE?

49 DRINKWATER CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 30% of terraced houses houses in Newmarket, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Newmarket, and where 49 DRINKWATER CLOSE lies on this distribution: 25% of terraced houses houses are smaller than 49 DRINKWATER CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

49 DRINKWATER CLOSE: Plot and Title Map

49 DRINKWATER CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 49 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 49 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 49 DRINKWATER CLOSE?

49 DRINKWATER CLOSE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 49 on DRINKWATER CLOSE.