21, RICHARDS CLOSE, MARCH, PE15 8UH - £218,000

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

21 RICHARDS CLOSE is a very small detached house of 57m², built sometime between 1983 and 1990. It was last sold for £218,000 in January 2019, which was around 15% below the average January 2019 detached price in the Fenland local authority area. The most recent EPC inspection was December 2017, where the current energy rating was C, and the potential energy rating was B.

21 RICHARDS CLOSE Sold Prices

Land registry data shows three sales for 21 RICHARDS 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. All of the three 21 RICHARDS 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
2019 25 JAN	£218,000	£255,213	15% below HPI
2018 19 JUN	£176,000	£248,830	29% below HPI
1995 21 DEC	£49,950	£56,124	11% below HPI

21 RICHARDS 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 21 RICHARDS CLOSE sales between December 1995 and January 2019 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 June 2018 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2019 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 21 RICHARDS CLOSE?

21 RICHARDS CLOSE is 57m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 10% of detached houses in March, based on EPC data. The below chart shows the distribution of detached houses by size in March, and where 21 RICHARDS CLOSE lies on this distribution: 3% of detached houses are smaller than 21 RICHARDS CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in March.

21 RICHARDS CLOSE: Plot and Title Map

21 RICHARDS CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 21 RICHARDS 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 21 RICHARDS 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 21 RICHARDS CLOSE?

21 RICHARDS CLOSE is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 21 on RICHARDS CLOSE.