27, MARSH CLOSE, MARCH, PE15 8SG - £185,000

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

27 MARSH CLOSE is a very small detached house of 62m², built sometime between 2003 and 2006. It was last sold for £185,000 in October 2016, which was around 18% below the average October 2016 detached price in the Fenland local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

27 MARSH CLOSE Sold Prices

Land registry data shows three sales for 27 MARSH 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 27 MARSH 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
2016 17 OCT	£185,000	£225,776	18% below HPI
2005 1 AUG	£142,000	£180,015	21% below HPI
2003 19 DEC	£125,000	£155,418	20% below HPI

27 MARSH 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 27 MARSH CLOSE sales between December 2003 and October 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 August 2005 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2016 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 27 MARSH CLOSE?

27 MARSH CLOSE is 62m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of detached houses in March, based on EPC data. The below chart shows the distribution of detached houses by size in March, and where 27 MARSH CLOSE lies on this distribution: 10% of detached houses are smaller than 27 MARSH CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in March.

27 MARSH CLOSE: Plot and Title Map

27 MARSH CLOSE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 27 MARSH 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 MARSH 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 MARSH CLOSE?

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