Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
3 THE BURROWS is a very large extended detached house of 168m², built sometime between 1996 and 2002. It was last sold for £500,000 in November 2022, which was around 7% above the average November 2022 detached price in the Rushcliffe local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 3 THE BURROWS since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. Most of the four 3 THE BURROWS 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 1 NOV | £500,000 | £468,997 | 7% above HPI |
2013 29 APR | £265,000 | £272,016 | 3% below HPI |
2003 22 OCT | £219,000 | £240,186 | 9% below HPI |
1999 17 JUN | £108,995 | £113,388 | 4% below HPI |
The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The four 3 THE BURROWS sales between June 1999 and November 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 April 2013 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2022 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.
3 THE BURROWS is 168m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 10% of detached houses in East Leake, based on EPC data. The below chart shows the distribution of detached houses by size in East Leake, and where 3 THE BURROWS lies on this distribution: 91% of detached houses are smaller than 3 THE BURROWS, and 9% of houses are larger. Note that EPC data is not available for all properties in East Leake.
3 THE BURROWS sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 3 THE BURROWS, 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 THE BURROWS). 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 THE BURROWS is located in EAST LEAKE, in the LE12 postcode district. The below map shows the position of No. 3 on THE BURROWS.