4, ALPHA CLOSE, BENWICK, MARCH, PE15 0FF - £300,000

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.

4 ALPHA CLOSE is a very large detached house of 161m², built sometime from 2007 onwards, which could now be worth an estimated £339,827. It was last sold for £300,000 in June 2021, which was around 8% above the average June 2021 detached price in the Fenland local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

4 ALPHA CLOSE Sold Prices

Land registry data shows two sales for 4 ALPHA 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 4 ALPHA CLOSE sales were for above 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
2021 28 JUN	£300,000	£277,884	8% above HPI
2014 6 JAN	£235,000	£180,504	30% above HPI

4 ALPHA 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 4 ALPHA CLOSE sales from January 2014 and June 2021 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 January 2014 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the June 2021 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 4 ALPHA CLOSE be worth now?

4 ALPHA CLOSE might now be worth an estimated £339,827.

This is based on house price inflation of 13.3%, between June 2021 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 13.3% inflationary increase is applied to the most recent sale price for 4 ALPHA CLOSE of £300,000 on 28th June 2021. For the value to have increased from £300,000 to £339,827 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 4 ALPHA CLOSE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The June 2021 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ALPHA CLOSE has not materially changed since June 2021.

How Large is 4 ALPHA CLOSE?

4 ALPHA CLOSE is 161m² according to the EPC inspection conducted in September 2012. This puts it in the largest 20% of detached houses houses in Benwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Benwick, and where 4 ALPHA CLOSE lies on this distribution: 83% of detached houses houses are smaller than 4 ALPHA CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Benwick.

4 ALPHA CLOSE: Plot and Title Map

4 ALPHA CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 4 ALPHA 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 4 ALPHA 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 4 ALPHA CLOSE?

4 ALPHA CLOSE is located in BENWICK, in the PE15 postcode district. The below map shows the position of No. 4 on ALPHA CLOSE.