2, LEWIS CLOSE, MARCH, PE15 9SX - £320,000

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 LEWIS CLOSE is a large extended detached house of 113m², built sometime between 1976 and 1982. It was last sold for £320,000 in September 2022, which was about the average September 2022 detached price in the Fenland local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

2 LEWIS CLOSE Sold Prices

Land registry data shows two sales for 2 LEWIS 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. One of the two 2 LEWIS CLOSE sales was roughly equal to the average price, whilst the other was 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
2022 16 SEP	£320,000	£321,052	Close to HPI
2012 17 SEP	£140,000	£172,489	19% below HPI

2 LEWIS 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 LEWIS CLOSE sales from September 2012 and September 2022 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 September 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 2 LEWIS CLOSE?

2 LEWIS CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the largest 40% 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 LEWIS CLOSE lies on this distribution: 64% of detached houses are smaller than 2 LEWIS CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in March.

2 LEWIS CLOSE: Plot and Title Map

2 LEWIS CLOSE sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 2 LEWIS 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 LEWIS 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 LEWIS CLOSE?

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