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
3 MURTON CLOSE is a very small detached house of 59m², built sometime between 1983 and 1990. It was last sold for £298,000 in November 2023, which was around 32% below the average November 2023 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 3 MURTON CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. Both of the two 3 MURTON 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 |
---|---|---|---|
2023 10 NOV | £298,000 | £440,462 | 32% below HPI |
2015 22 APR | £225,000 | £303,679 | 26% 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 two 3 MURTON CLOSE sales from April 2015 and November 2023 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 April 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2023 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.
3 MURTON CLOSE is 59m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of detached houses in Burwell, based on EPC data. The below chart shows the distribution of detached houses by size in Burwell, and where 3 MURTON CLOSE lies on this distribution: 2% of detached houses are smaller than 3 MURTON CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Burwell.
3 MURTON CLOSE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 3 MURTON 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 3 MURTON 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.
3 MURTON CLOSE is located in BURWELL, in the CB25 postcode district. The below map shows the position of No. 3 on MURTON CLOSE.