7, CHESTNUT RISE, BURWELL, CAMBRIDGE, CB25 0BX - £317,000

7 CHESTNUT RISE is a very small detached house of 71m², built sometime between 1996 and 2002. It was last sold for £317,000 in June 2018, which was around 18% below the average June 2018 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

7 CHESTNUT RISE Sold Prices

Land registry data shows four sales for 7 CHESTNUT RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the four 7 CHESTNUT RISE 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
2018 29 JUN	£317,000	£384,994	18% below HPI
2006 29 AUG	£210,000	£232,003	9% below HPI
2002 2 AUG	£162,500	£176,344	8% below HPI
1997 15 SEP	£77,000	£90,244	15% below HPI

7 CHESTNUT RISE 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 four 7 CHESTNUT RISE sales between September 1997 and June 2018 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 August 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2018 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 7 CHESTNUT RISE?

7 CHESTNUT RISE is 71m² according to the EPC inspection conducted in June 2017. 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 7 CHESTNUT RISE lies on this distribution: 7% of detached houses are smaller than 7 CHESTNUT RISE, and 92% of houses are larger. Note that EPC data is not available for all properties in Burwell.

7 CHESTNUT RISE: Plot and Title Map

7 CHESTNUT RISE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 7 CHESTNUT RISE, 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 7 CHESTNUT RISE). 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 7 CHESTNUT RISE?

7 CHESTNUT RISE is located in BURWELL, in the CB25 postcode district. The below map shows the position of No. 7 on CHESTNUT RISE.