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
61 SPRING CLOSE is a small detached house of 96m². It was last sold for £350,000 in October 2023, which was around 21% below the average October 2023 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was October 2017, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows three sales for 61 SPRING CLOSE 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 61 SPRING CLOSE sales were for below the average price, whilst one was for above 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 5 OCT | £350,000 | £441,075 | 21% below HPI |
2004 20 JUL | £228,000 | £207,161 | 10% above HPI |
1996 22 JUL | £68,000 | £76,426 | 11% 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 61 SPRING CLOSE sales between July 1996 and October 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 July 2004 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2023 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.
61 SPRING CLOSE is 96m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 30% of detached houses in Burwell, based on EPC data. The below chart shows the distribution of detached houses by size in Burwell, and where 61 SPRING CLOSE lies on this distribution: 30% of detached houses are smaller than 61 SPRING CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Burwell.
61 SPRING CLOSE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 61 SPRING 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 61 SPRING 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.
61 SPRING CLOSE is located in BURWELL, in the CB25 postcode district. The below map shows the position of No. 61 on SPRING CLOSE.