10, RICHARDS CLOSE, MARCH, PE15 8UH - £116,500

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

10 RICHARDS CLOSE is a very small semi-detached house of 66m², built sometime between 1983 and 1990. It was last sold for £116,500 in June 2009, which was around 26% below the average June 2009 detached price in the Fenland local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

10 RICHARDS CLOSE Sold Prices

Land registry data shows four sales for 10 RICHARDS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the four 10 RICHARDS 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
2009 19 JUN	£116,500	£157,674	26% below HPI
2004 25 AUG	£139,000	£170,656	19% below HPI
1999 28 JUL	£62,950	£70,853	11% below HPI
1996 23 APR	£44,950	£55,878	20% below HPI

10 RICHARDS 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 four 10 RICHARDS CLOSE sales between April 1996 and June 2009 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 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2009 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 10 RICHARDS CLOSE?

10 RICHARDS CLOSE is 66m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 20% of detached houses in March, based on EPC data. The below chart shows the distribution of detached houses by size in March, and where 10 RICHARDS CLOSE lies on this distribution: 15% of detached houses are smaller than 10 RICHARDS CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in March.

10 RICHARDS CLOSE: Plot and Title Map

10 RICHARDS CLOSE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 10 RICHARDS 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 10 RICHARDS 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 10 RICHARDS CLOSE?

10 RICHARDS CLOSE is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 10 on RICHARDS CLOSE.