2, JONES CLOSE, MARCH, PE15 9RZ - £245,000

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

2 JONES CLOSE is a midsized detached house of 98m², built sometime between 1983 and 1990. It was last sold for £245,000 in June 2016, which was around 12% above the average June 2016 detached price in the Fenland local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

2 JONES CLOSE Sold Prices

Land registry data shows two sales for 2 JONES 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 2 JONES 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
2016 27 JUN	£245,000	£218,812	12% above HPI
2002 14 FEB	£109,000	£106,018	3% above HPI

2 JONES 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 2 JONES CLOSE sales from February 2002 and June 2016 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 2002 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2016 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 2 JONES CLOSE?

2 JONES CLOSE is 98m² according to the EPC inspection conducted in March 2016. This puts it in the largest 50% of detached houses in March, based on EPC data. The below chart shows the distribution of detached houses by size in March, and where 2 JONES CLOSE lies on this distribution: 49% of detached houses are smaller than 2 JONES CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in March.

2 JONES CLOSE: Plot and Title Map

2 JONES CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 2 JONES 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 2 JONES 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 2 JONES CLOSE?

2 JONES CLOSE is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 2 on JONES CLOSE.