Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
15 MURTON CLOSE is a very small detached house of 73m², built sometime between 1983 and 1990. It was last sold for £270,000 in July 2017, which was around 28% below the average July 2017 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 15 MURTON CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the three 15 MURTON 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 |
---|---|---|---|
2017 31 JUL | £270,000 | £373,624 | 28% below HPI |
2001 30 MAR | £130,000 | £131,568 | 1% below HPI |
1995 30 OCT | £62,000 | £79,811 | 22% below HPI |
The below graph shows the average detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The three 15 MURTON CLOSE sales between October 1995 and July 2017 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 March 2001 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2017 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.
15 MURTON CLOSE is 73m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of detached houses in Burwell, based on EPC data. The below chart shows the distribution of detached houses by size in Burwell, and where 15 MURTON CLOSE lies on this distribution: 9% of detached houses are smaller than 15 MURTON CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Burwell.
15 MURTON CLOSE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 15 MURTON 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 15 MURTON 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.
15 MURTON CLOSE is located in BURWELL, in the CB25 postcode district. The below map shows the position of No. 15 on MURTON CLOSE.