1, GREAT NORTHERN CLOSE, MARCH, PE15 8TB - £200,000

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 GREAT NORTHERN CLOSE is a very large extended detached house of 155m², built sometime between 1996 and 2002, which could now be worth an estimated £360,307. It was last sold for £200,000 in August 2004, which was around 14% above the average August 2004 detached price in the Fenland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was C.

1 GREAT NORTHERN CLOSE Sold Prices

Land registry data shows two sales for 1 GREAT NORTHERN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. Both of the two 1 GREAT NORTHERN 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
2004 27 AUG	£200,000	£174,726	14% above HPI
2002 23 JUL	£185,000	£119,677	55% above HPI

1 GREAT NORTHERN 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 two 1 GREAT NORTHERN CLOSE sales from July 2002 and August 2004 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 2002 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the August 2004 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 1 GREAT NORTHERN CLOSE be worth now?

1 GREAT NORTHERN CLOSE might now be worth an estimated £360,307.

This is based on house price inflation of 80.2%, between August 2004 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 80.2% inflationary increase is applied to the most recent sale price for 1 GREAT NORTHERN CLOSE of £200,000 on 27th August 2004. For the value to have increased from £200,000 to £360,307 over the 21 years and six months to February 2025, the following assumptions must hold true:

• The value of 1 GREAT NORTHERN CLOSE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The August 2004 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GREAT NORTHERN CLOSE has not materially changed since August 2004.

How Large is 1 GREAT NORTHERN CLOSE?

1 GREAT NORTHERN CLOSE is 155m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 20% of detached houses houses in March, based on EPC data. The below chart shows the distribution of detached houses houses by size in March, and where 1 GREAT NORTHERN CLOSE lies on this distribution: 87% of detached houses houses are smaller than 1 GREAT NORTHERN CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in March.

1 GREAT NORTHERN CLOSE: Plot and Title Map

1 GREAT NORTHERN CLOSE sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of 1 GREAT NORTHERN 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 GREAT NORTHERN 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 GREAT NORTHERN CLOSE?

1 GREAT NORTHERN CLOSE is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 1 on GREAT NORTHERN CLOSE.