1, BAKEHOUSE CLOSE, BENWICK, MARCH, PE15 0EX - £320,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 BAKEHOUSE CLOSE is a very large detached house of 220m², built sometime between 2003 and 2006, which could now be worth an estimated £370,978. It was last sold for £320,000 in December 2020, which was around 18% above the average December 2020 detached price in the Fenland local authority area. The most recent EPC inspection was November 2024, where the current energy rating was C, and the potential energy rating was B.

1 BAKEHOUSE CLOSE Sold Prices

Land registry data shows six sales for 1 BAKEHOUSE CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the six 1 BAKEHOUSE CLOSE sales were 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
2020 16 DEC	£320,000	£271,520	18% above HPI
2015 13 AUG	£250,000	£206,245	21% above HPI
2013 20 MAY	£229,950	£171,780	34% above HPI
2010 3 JUN	£230,000	£173,599	32% above HPI
2005 9 DEC	£235,000	£182,708	29% above HPI
2002 5 DEC	£194,995	£136,131	43% above HPI

1 BAKEHOUSE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The six 1 BAKEHOUSE CLOSE sales between December 2002 and December 2020 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 2015 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the December 2020 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 1 BAKEHOUSE CLOSE be worth now?

1 BAKEHOUSE CLOSE might now be worth an estimated £370,978.

This is based on house price inflation of 15.9%, between December 2020 and February 2025, for detached houses, in the Fenland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.9% inflationary increase is applied to the most recent sale price for 1 BAKEHOUSE CLOSE of £320,000 on 16th December 2020. For the value to have increased from £320,000 to £370,978 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 BAKEHOUSE CLOSE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The December 2020 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BAKEHOUSE CLOSE has not materially changed since December 2020.

How Large is 1 BAKEHOUSE CLOSE?

1 BAKEHOUSE CLOSE is 220m² according to the EPC inspection conducted in November 2024. This puts it in the largest 10% of detached houses houses in Benwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Benwick, and where 1 BAKEHOUSE CLOSE lies on this distribution: 94% of detached houses houses are smaller than 1 BAKEHOUSE CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Benwick.

1 BAKEHOUSE CLOSE: Plot and Title Map

1 BAKEHOUSE CLOSE sits on a plot of roughly 0.167 of an acre, or 677m². The below map shows the location of 1 BAKEHOUSE 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 1 BAKEHOUSE 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.

Where is 1 BAKEHOUSE CLOSE?

1 BAKEHOUSE CLOSE is located in BENWICK, in the PE15 postcode district. The below map shows the position of No. 1 on BAKEHOUSE CLOSE.