1, MARSH CLOSE, MARCH, PE15 8SG - £162,000

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

1 MARSH CLOSE is a very small detached house of 60m², built sometime between 2003 and 2006. It was last sold for £162,000 in December 2013, which was around 8% below the average December 2013 detached price in the Fenland local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

1 MARSH CLOSE Sold Prices

Land registry data shows three sales for 1 MARSH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the three 1 MARSH CLOSE 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
2013 18 DEC	£162,000	£176,802	8% below HPI
2010 30 APR	£140,000	£169,687	17% below HPI
2004 12 JUL	£125,000	£165,109	24% below HPI

1 MARSH 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 three 1 MARSH CLOSE sales between July 2004 and December 2013 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 2010 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2013 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 1 MARSH CLOSE?

1 MARSH CLOSE is 60m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% of detached houses in March, based on EPC data. The below chart shows the distribution of detached houses by size in March, and where 1 MARSH CLOSE lies on this distribution: 9% of detached houses are smaller than 1 MARSH CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in March.

1 MARSH CLOSE: Plot and Title Map

1 MARSH CLOSE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 1 MARSH 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 MARSH 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 MARSH CLOSE?

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