31, POND CLOSE, WIMBLINGTON, MARCH, PE15 0RL - £235,000

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.

31 POND CLOSE is a small detached house of 96m², built sometime between 1991 and 1995, which could now be worth an estimated £280,584. It was last sold for £235,000 in October 2020, which was around 11% below the average October 2020 detached price in the Fenland local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

31 POND CLOSE Sold Prices

Land registry data shows three sales for 31 POND 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 31 POND 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
2020 29 OCT	£235,000	£263,636	11% below HPI
2009 21 OCT	£159,000	£168,700	6% below HPI
2003 20 JUN	£139,000	£152,605	9% below HPI

31 POND 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 31 POND CLOSE sales between June 2003 and October 2020 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 October 2009 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 31 POND CLOSE be worth now?

31 POND CLOSE might now be worth an estimated £280,584.

This is based on house price inflation of 19.4%, between October 2020 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 19.4% inflationary increase is applied to the most recent sale price for 31 POND CLOSE of £235,000 on 29th October 2020. For the value to have increased from £235,000 to £280,584 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 31 POND CLOSE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The October 2020 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 31 POND CLOSE has not materially changed since October 2020.

How Large is 31 POND CLOSE?

31 POND CLOSE is 96m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 40% of detached houses houses in Wimblington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wimblington, and where 31 POND CLOSE lies on this distribution: 37% of detached houses houses are smaller than 31 POND CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Wimblington.

31 POND CLOSE: Plot and Title Map

31 POND CLOSE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 31 POND 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 31 POND 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 31 POND CLOSE?

31 POND CLOSE is located in WIMBLINGTON, in the PE15 postcode district. The below map shows the position of No. 31 on POND CLOSE.