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

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 POUND CLOSE is a small detached house of 85m², built sometime between 1967 and 1975. It was last sold for £330,000 in October 2015, which was around 2% 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	£335,347	2% below HPI
2011 25 MAR	£200,000	£243,555	18% below HPI
2000 5 JUN	£123,000	£124,794	1% 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2015 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

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 in Burwell, based on EPC data. The below chart shows the distribution of detached houses by size in Burwell, and where 2 POUND CLOSE lies on this distribution: 20% of detached 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.