12, RIVER CLOSE, BENWICK, MARCH, PE15 0XZ - £320,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 RIVER CLOSE is a large detached house of 130m², built sometime between 1976 and 1982. It was last sold for £320,000 in March 2023, which was around 1% above the average March 2023 detached price in the Fenland local authority area. The most recent EPC inspection was January 2023, where the current energy rating was E, and the potential energy rating was C.

12 RIVER CLOSE Sold Prices

Land registry data shows four sales for 12 RIVER 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. Most of the four 12 RIVER 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
2023 31 MAR	£320,000	£317,772	1% above HPI
2002 24 MAY	£112,500	£113,927	1% below HPI
1999 14 DEC	£77,000	£76,018	1% above HPI
1997 26 SEP	£67,000	£60,475	11% above HPI

12 RIVER 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 12 RIVER CLOSE sales between September 1997 and March 2023 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 May 2002 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2023 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 12 RIVER CLOSE?

12 RIVER CLOSE is 130m² according to the EPC inspection conducted in January 2023. This puts it in the largest 40% of detached houses in Benwick, based on EPC data. The below chart shows the distribution of detached houses by size in Benwick, and where 12 RIVER CLOSE lies on this distribution: 61% of detached houses are smaller than 12 RIVER CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Benwick.

12 RIVER CLOSE: Plot and Title Map

12 RIVER CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 12 RIVER 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 12 RIVER 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 12 RIVER CLOSE?

12 RIVER CLOSE is located in BENWICK, in the PE15 postcode district. The below map shows the position of No. 12 on RIVER CLOSE.