2, RIVER CLOSE, BENWICK, MARCH, PE15 0XZ - £202,500

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 RIVER CLOSE is a small extended detached house of 99m², built sometime between 1976 and 1982. It was last sold for £202,500 in June 2017, which was around 15% below the average June 2017 detached price in the Fenland local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

2 RIVER CLOSE Sold Prices

Land registry data shows three sales for 2 RIVER 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 2 RIVER 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
2017 16 JUN	£202,500	£237,377	15% below HPI
2014 14 NOV	£140,000	£190,753	27% below HPI
1999 17 JUN	£71,000	£69,987	1% above HPI

2 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 three 2 RIVER CLOSE sales between June 1999 and June 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 November 2014 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 2 RIVER CLOSE?

2 RIVER CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of detached houses in Benwick, based on EPC data. The below chart shows the distribution of detached houses by size in Benwick, and where 2 RIVER CLOSE lies on this distribution: 28% of detached houses are smaller than 2 RIVER CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Benwick.

2 RIVER CLOSE: Plot and Title Map

2 RIVER CLOSE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 2 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 2 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 2 RIVER CLOSE?

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