9, MARKBY CLOSE, DUXFORD, CAMBRIDGE, CB22 4RS - £179,000

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.

9 MARKBY CLOSE is a very small terraced house of 45m², built sometime between 1950 and 1966, which could now be worth an estimated £294,785. It was last sold for £179,000 in May 2008, which was around 6% below the average May 2008 terraced price in the South Cambridgeshire local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

9 MARKBY CLOSE Sold Prices

Land registry data shows two sales for 9 MARKBY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the South Cambridgeshire local authority area for the corresponding sale date. Both of the two 9 MARKBY 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
2008 12 MAY	£179,000	£191,435	6% below HPI
2006 12 JAN	£130,000	£169,626	23% below HPI

9 MARKBY CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Cambridgeshire local authority area over time, sourced from the HPI. The two 9 MARKBY CLOSE sales from January 2006 and May 2008 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 January 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2008 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 9 MARKBY CLOSE be worth now?

9 MARKBY CLOSE might now be worth an estimated £294,785.

This is based on house price inflation of 64.7%, between May 2008 and May 2026, for terraced houses, in the South Cambridgeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 64.7% inflationary increase is applied to the most recent sale price for 9 MARKBY CLOSE of £179,000 on 12th May 2008. For the value to have increased from £179,000 to £294,785 over the eighteen years to May 2026, the following assumptions must hold true:

• The value of 9 MARKBY CLOSE has moved in line with the HPI for terraced houses in the South Cambridgeshire local authority area.
• The May 2008 sale price of £179,000 represented a fair market value for the property.
• The size, condition, and specification of 9 MARKBY CLOSE has not materially changed since May 2008.

How Large is 9 MARKBY CLOSE?

9 MARKBY CLOSE is 45m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of terraced houses houses in Duxford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Duxford, and where 9 MARKBY CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 9 MARKBY CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Duxford.

9 MARKBY CLOSE: Plot and Title Map

9 MARKBY CLOSE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 9 MARKBY 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 9 MARKBY 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 9 MARKBY CLOSE?

9 MARKBY CLOSE is located in DUXFORD, in the CB22 postcode district. The below map shows the position of No. 9 on MARKBY CLOSE.