4, ERMINE CLOSE, MARCH, PE15 9SJ - £208,000

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 ERMINE CLOSE is a large extended detached house of 119m², built sometime between 1996 and 2002. It was last sold for £208,000 in July 2007, which was around 8% above the average July 2007 detached price in the Fenland local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was C.

4 ERMINE CLOSE Sold Prices

Land registry data shows two sales for 4 ERMINE 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 ERMINE 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
2007 30 JUL	£208,000	£192,508	8% above HPI
2001 6 APR	£122,500	£91,540	34% above HPI

4 ERMINE 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 ERMINE CLOSE sales from April 2001 and July 2007 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 April 2001 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the July 2007 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 4 ERMINE CLOSE?

4 ERMINE CLOSE is 119m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 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 4 ERMINE CLOSE lies on this distribution: 69% of detached houses are smaller than 4 ERMINE CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in March.

4 ERMINE CLOSE: Plot and Title Map

4 ERMINE CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 4 ERMINE 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 ERMINE 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 ERMINE CLOSE?

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