27, CEDAR CLOSE, MARCH, PE15 8RP - £141,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

27 CEDAR CLOSE is a very small detached house of 65m², built sometime between 1983 and 1990, which could now be worth an estimated £246,018. It was last sold for £141,500 in October 2013, which was around 22% below the average October 2013 detached price in the Fenland local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

27 CEDAR CLOSE Sold Prices

Land registry data shows two sales for 27 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 27 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
2013 18 OCT	£141,500	£181,046	22% below HPI
2011 22 DEC	£115,000	£173,717	34% below HPI

27 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 27 CEDAR CLOSE sales from December 2011 and October 2013 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 December 2011 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2013 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 27 CEDAR CLOSE be worth now?

27 CEDAR CLOSE might now be worth an estimated £246,018.

This is based on house price inflation of 73.9%, between October 2013 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 73.9% inflationary increase is applied to the most recent sale price for 27 CEDAR CLOSE of £141,500 on 18th October 2013. For the value to have increased from £141,500 to £246,018 over the twelve years and eight months to February 2025, the following assumptions must hold true:

• The value of 27 CEDAR CLOSE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The October 2013 sale price of £141,500 represented a fair market value for the property.
• The size, condition, and specification of 27 CEDAR CLOSE has not materially changed since October 2013.

How Large is 27 CEDAR CLOSE?

27 CEDAR CLOSE is 65m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 20% 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 27 CEDAR CLOSE lies on this distribution: 14% of detached houses houses are smaller than 27 CEDAR CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in March.

27 CEDAR CLOSE: Plot and Title Map

27 CEDAR CLOSE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 27 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 27 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 27 CEDAR CLOSE?

27 CEDAR CLOSE is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 27 on CEDAR CLOSE.