23, MELFORD CLOSE, BURWELL, CAMBRIDGE, CB25 0JG - £328,000

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.

23 MELFORD CLOSE is a small detached house of 87m², built sometime between 1996 and 2002, which could now be worth an estimated £371,221. It was last sold for £328,000 in March 2022, which was around 25% below the average March 2022 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

23 MELFORD CLOSE Sold Prices

Land registry data shows eight sales for 23 MELFORD CLOSE since 1^st January 1995. The below table shows the price paid for the eight sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the eight 23 MELFORD 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
2022 22 MAR	£328,000	£439,285	25% below HPI
2021 23 MAR	£315,000	£411,180	23% below HPI
2011 25 NOV	£197,000	£256,172	23% below HPI
2007 24 AUG	£238,000	£267,596	11% below HPI
2001 14 SEP	£137,000	£157,241	13% below HPI
2001 21 MAY	£108,500	£144,281	25% below HPI
1998 14 AUG	£92,500	£102,064	9% below HPI
1997 1 JUL	£80,350	£92,778	13% below HPI

23 MELFORD 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 eight 23 MELFORD CLOSE sales between July 1997 and March 2022 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 2021 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 23 MELFORD CLOSE be worth now?

23 MELFORD CLOSE might now be worth an estimated £371,221.

This is based on house price inflation of 13.2%, between March 2022 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 13.2% inflationary increase is applied to the most recent sale price for 23 MELFORD CLOSE of £328,000 on 22nd March 2022. For the value to have increased from £328,000 to £371,221 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 23 MELFORD CLOSE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The March 2022 sale price of £328,000 represented a fair market value for the property.
• The size, condition, and specification of 23 MELFORD CLOSE has not materially changed since March 2022.

How Large is 23 MELFORD CLOSE?

23 MELFORD CLOSE is 87m² according to the EPC inspection conducted in December 2021. 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 23 MELFORD CLOSE lies on this distribution: 22% of detached houses houses are smaller than 23 MELFORD CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Burwell.

23 MELFORD CLOSE: Plot and Title Map

23 MELFORD CLOSE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 23 MELFORD 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 23 MELFORD 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 23 MELFORD CLOSE?

23 MELFORD CLOSE is located in BURWELL, in the CB25 postcode district. The below map shows the position of No. 23 on MELFORD CLOSE.