18, CEDAR CLOSE, MARCH, PE15 8RP - £227,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 CEDAR CLOSE is a small detached house of 86m², built sometime between 1991 and 1995, which could now be worth an estimated £289,856. It was last sold for £227,500 in September 2017, which was around 8% below the average September 2017 detached price in the Fenland local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

18 CEDAR CLOSE Sold Prices

Land registry data shows two sales for 18 CEDAR 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 18 CEDAR 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
2017 15 SEP	£227,500	£247,058	8% below HPI
2015 7 APR	£162,500	£203,292	20% below HPI

18 CEDAR 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 18 CEDAR CLOSE sales from April 2015 and September 2017 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 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2017 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 18 CEDAR CLOSE be worth now?

18 CEDAR CLOSE might now be worth an estimated £289,856.

This is based on house price inflation of 27.4%, between September 2017 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 27.4% inflationary increase is applied to the most recent sale price for 18 CEDAR CLOSE of £227,500 on 15th September 2017. For the value to have increased from £227,500 to £289,856 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 18 CEDAR CLOSE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The September 2017 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 18 CEDAR CLOSE has not materially changed since September 2017.

How Large is 18 CEDAR CLOSE?

18 CEDAR CLOSE is 86m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 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 18 CEDAR CLOSE lies on this distribution: 35% of detached houses houses are smaller than 18 CEDAR CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in March.

18 CEDAR CLOSE: Plot and Title Map

18 CEDAR CLOSE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 18 CEDAR 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 18 CEDAR 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 18 CEDAR CLOSE?

18 CEDAR CLOSE is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 18 on CEDAR CLOSE.