60, DRINKWATER CLOSE, NEWMARKET, CB8 0QW - £242,430

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.

60 DRINKWATER CLOSE is a very small semi-detached house of 59m², built sometime between 1983 and 1990, which could now be worth an estimated £279,822. It was last sold for £242,430 in January 2021, which was around 1% below the average January 2021 semi-detached price in the West Suffolk local authority area. The most recent EPC inspection was February 2020, where the current energy rating was B, and the potential energy rating was A.

60 DRINKWATER CLOSE Sold Prices

Land registry data shows three sales for 60 DRINKWATER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the West Suffolk local authority area for the corresponding sale date. One of the three 60 DRINKWATER CLOSE sales was for below the average price, whilst two 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
2021 15 JAN	£242,430	£245,262	1% below HPI
2003 15 SEP	£185,000	£133,168	39% above HPI
1998 16 JUL	£74,950	£61,838	21% above HPI

60 DRINKWATER CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Suffolk local authority area over time, sourced from the HPI. The three 60 DRINKWATER CLOSE sales between July 1998 and January 2021 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 2003 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the January 2021 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 60 DRINKWATER CLOSE be worth now?

60 DRINKWATER CLOSE might now be worth an estimated £279,822.

This is based on house price inflation of 15.4%, between January 2021 and June 2025, for semi-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 15.4% inflationary increase is applied to the most recent sale price for 60 DRINKWATER CLOSE of £242,430 on 15th January 2021. For the value to have increased from £242,430 to £279,822 over the three years and seven months to June 2025, the following assumptions must hold true:

• The value of 60 DRINKWATER CLOSE has moved in line with the HPI for semi-detached houses in the West Suffolk local authority area.
• The January 2021 sale price of £242,430 represented a fair market value for the property.
• The size, condition, and specification of 60 DRINKWATER CLOSE has not materially changed since January 2021.

How Large is 60 DRINKWATER CLOSE?

60 DRINKWATER CLOSE is 59m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of semi-detached houses houses in Newmarket, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newmarket, and where 60 DRINKWATER CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 60 DRINKWATER CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Newmarket.

60 DRINKWATER CLOSE: Plot and Title Map

60 DRINKWATER CLOSE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 60 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 60 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 60 DRINKWATER CLOSE?

60 DRINKWATER CLOSE is located in NEWMARKET, in the CB8 postcode district. The below map shows the position of No. 60 on DRINKWATER CLOSE.