16, MARSH CLOSE, MARCH, PE15 8SG - £278,000

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.

16 MARSH CLOSE is a large detached house of 110m², built sometime between 2003 and 2006, which could now be worth an estimated £281,867. It was last sold for £278,000 in December 2024, which was around 10% below the average December 2024 detached price in the Fenland local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

16 MARSH CLOSE Sold Prices

Land registry data shows three sales for 16 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. Two of the three 16 MARSH CLOSE sales were for below the average price, whilst one was 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
2024 11 DEC	£278,000	£310,457	10% below HPI
2013 8 FEB	£174,000	£169,032	3% above HPI
2004 5 MAR	£149,000	£161,243	8% below HPI

16 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 16 MARSH CLOSE sales between March 2004 and December 2024 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 February 2013 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the December 2024 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 16 MARSH CLOSE be worth now?

16 MARSH CLOSE might now be worth an estimated £281,867.

This is based on house price inflation of 1.4%, between December 2024 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 1.4% inflationary increase is applied to the most recent sale price for 16 MARSH CLOSE of £278,000 on 11th December 2024. For the value to have increased from £278,000 to £281,867 over the one year and ten months to February 2025, the following assumptions must hold true:

• The value of 16 MARSH CLOSE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The December 2024 sale price of £278,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MARSH CLOSE has not materially changed since December 2024.

How Large is 16 MARSH CLOSE?

16 MARSH CLOSE is 110m² according to the EPC inspection conducted in May 2024. This puts it in the largest 40% 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 16 MARSH CLOSE lies on this distribution: 61% of detached houses houses are smaller than 16 MARSH CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in March.

16 MARSH CLOSE: Plot and Title Map

16 MARSH CLOSE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 16 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 16 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 16 MARSH CLOSE?

16 MARSH CLOSE is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 16 on MARSH CLOSE.