22, MILL CLOSE, BURWELL, CAMBRIDGE, CB25 0HL - £327,500

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.

22 MILL CLOSE is a very small detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £404,980. It was last sold for £327,500 in March 2020, which was around 19% below the average March 2020 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

22 MILL CLOSE Sold Prices

Land registry data shows three sales for 22 MILL 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 22 MILL 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
2020 10 MAR	£327,500	£402,052	19% below HPI
2008 7 JUL	£185,000	£264,070	30% below HPI
1996 26 NOV	£67,500	£84,990	21% below HPI

22 MILL 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 22 MILL CLOSE sales between November 1996 and March 2020 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 July 2008 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2020 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 22 MILL CLOSE be worth now?

22 MILL CLOSE might now be worth an estimated £404,980.

This is based on house price inflation of 23.7%, between March 2020 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 23.7% inflationary increase is applied to the most recent sale price for 22 MILL CLOSE of £327,500 on 10th March 2020. For the value to have increased from £327,500 to £404,980 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 22 MILL CLOSE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The March 2020 sale price of £327,500 represented a fair market value for the property.
• The size, condition, and specification of 22 MILL CLOSE has not materially changed since March 2020.

How Large is 22 MILL CLOSE?

22 MILL CLOSE is 73m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% 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 22 MILL CLOSE lies on this distribution: 9% of detached houses houses are smaller than 22 MILL CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Burwell.

22 MILL CLOSE: Plot and Title Map

22 MILL CLOSE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 22 MILL 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 22 MILL 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 22 MILL CLOSE?

22 MILL CLOSE is located in BURWELL, in the CB25 postcode district. The below map shows the position of No. 22 on MILL CLOSE.