Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 BEECHWOOD AVENUE is a very small extended detached house of 72m², built sometime between 1976 and 1982. It was last sold for £322,000 in January 2017, which was around 36% below the average January 2017 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was June 2012, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows five sales for 2 BEECHWOOD AVENUE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Cambridgeshire local authority area for the corresponding sale date. All of the five 2 BEECHWOOD AVENUE 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 30 JAN | £322,000 | £502,980 | 36% below HPI |
2013 20 FEB | £230,000 | £357,526 | 36% below HPI |
2008 27 JUN | £239,995 | £343,255 | 30% below HPI |
2004 15 OCT | £185,000 | £295,012 | 37% below HPI |
1997 30 SEP | £83,000 | £131,801 | 37% below HPI |
The below graph shows the average detached house price in the South Cambridgeshire local authority area over time, sourced from the HPI. The five 2 BEECHWOOD AVENUE sales between September 1997 and January 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 February 2013 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the January 2017 sale, which was also at 36% below the HPI.
2 BEECHWOOD AVENUE is 72m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the smallest 10% of detached houses in Melbourn, based on EPC data. The below chart shows the distribution of detached houses by size in Melbourn, and where 2 BEECHWOOD AVENUE lies on this distribution: 4% of detached houses are smaller than 2 BEECHWOOD AVENUE, and 95% of houses are larger. Note that EPC data is not available for all properties in Melbourn.
2 BEECHWOOD AVENUE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 2 BEECHWOOD AVENUE, 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 2 BEECHWOOD AVENUE). 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.
2 BEECHWOOD AVENUE is located in MELBOURN, in the SG8 postcode district. The below map shows the position of No. 2 on BEECHWOOD AVENUE.