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
24 REACH ROAD is a very large extended detached house of 181m², built sometime between 1967 and 1975. It was last sold for £610,000 in October 2022, which was around 35% above the average October 2022 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 24 REACH ROAD since 1st 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. Two of the three 24 REACH ROAD sales were for above the average price, whilst one was 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 17 OCT | £610,000 | £452,867 | 35% above HPI |
2012 31 MAY | £370,000 | £242,229 | 53% above HPI |
2008 4 JAN | £220,000 | £258,086 | 15% below HPI |
The below graph shows the average detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The three 24 REACH ROAD sales between January 2008 and October 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 May 2012 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the October 2022 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.
24 REACH ROAD is 181m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 20% of detached houses in Burwell, based on EPC data. The below chart shows the distribution of detached houses by size in Burwell, and where 24 REACH ROAD lies on this distribution: 82% of detached houses are smaller than 24 REACH ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Burwell.
24 REACH ROAD sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 24 REACH ROAD, 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 24 REACH ROAD). 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.
24 REACH ROAD is located in BURWELL, in the CB25 postcode district. The below map shows the position of No. 24 on REACH ROAD.