2, POUND CLOSE, BURWELL, CAMBRIDGE, CB25 0EP - £330,000

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.

2 POUND CLOSE is a small detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £471,198. It was last sold for £330,000 in October 2015, which was around 5% below the average October 2015 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

2 POUND CLOSE Sold Prices

Land registry data shows three sales for 2 POUND CLOSE since 1^st 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 2 POUND 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
2015 30 OCT	£330,000	£348,189	5% below HPI
2011 25 MAR	£200,000	£252,882	21% below HPI
2000 5 JUN	£123,000	£129,573	5% below HPI

2 POUND CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The three 2 POUND CLOSE sales between June 2000 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 March 2011 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2015 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 2 POUND CLOSE be worth now?

2 POUND CLOSE might now be worth an estimated £471,198.

This is based on house price inflation of 42.8%, between October 2015 and February 2025, for detached houses, in the East Cambridgeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.8% inflationary increase is applied to the most recent sale price for 2 POUND CLOSE of £330,000 on 30th October 2015. For the value to have increased from £330,000 to £471,198 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 POUND CLOSE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The October 2015 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 2 POUND CLOSE has not materially changed since October 2015.

How Large is 2 POUND CLOSE?

2 POUND CLOSE is 85m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 30% of detached houses houses in Burwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burwell, and where 2 POUND CLOSE lies on this distribution: 20% of detached houses houses are smaller than 2 POUND CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Burwell.

2 POUND CLOSE: Plot and Title Map

2 POUND CLOSE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 2 POUND 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 2 POUND 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 2 POUND CLOSE?

2 POUND CLOSE is located in BURWELL, in the CB25 postcode district. The below map shows the position of No. 2 on POUND CLOSE.