3, PACIFIC CLOSE, MARCH, PE15 8QB - £126,000

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

3 PACIFIC CLOSE is a small extended detached house of 82m², built sometime between 1983 and 1990. It was last sold for £126,000 in May 2009, which was around 21% below the average May 2009 detached price in the Fenland local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

3 PACIFIC CLOSE Sold Prices

Land registry data shows four sales for 3 PACIFIC CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the four 3 PACIFIC 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
2009 8 MAY	£126,000	£159,131	21% below HPI
2007 29 MAY	£165,000	£192,038	14% below HPI
2006 9 JUN	£159,755	£178,196	10% below HPI
2002 1 JUL	£113,950	£116,890	3% below HPI

3 PACIFIC 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 four 3 PACIFIC CLOSE sales between July 2002 and May 2009 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 May 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2009 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 3 PACIFIC CLOSE?

3 PACIFIC CLOSE is 82m², which includes two extensions, according to the EPC inspection conducted in October 2019. This puts it in the smallest 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 3 PACIFIC CLOSE lies on this distribution: 31% of detached houses are smaller than 3 PACIFIC CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in March.

3 PACIFIC CLOSE: Plot and Title Map

3 PACIFIC CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 3 PACIFIC 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 3 PACIFIC 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 3 PACIFIC CLOSE?

3 PACIFIC CLOSE is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 3 on PACIFIC CLOSE.