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

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

4 ALPHA CLOSE is a very large detached house of 161m², built sometime from 2007 onwards. It was last sold for £300,000 in June 2021, which was around 11% 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	£271,412	11% above HPI
2014 6 JAN	£235,000	£176,299	33% 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 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the June 2021 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

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 in Benwick, based on EPC data. The below chart shows the distribution of detached houses by size in Benwick, and where 4 ALPHA CLOSE lies on this distribution: 83% of detached houses are smaller than 4 ALPHA CLOSE, and 16% 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.