4, FOUNTAIN CLOSE, BENWICK, MARCH, PE15 0UQ - £287,500

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 FOUNTAIN CLOSE is a very large extended detached house of 231m², built sometime between 2003 and 2006, which could now be worth an estimated £496,194. It was last sold for £287,500 in February 2014, which was around 58% above the average February 2014 detached price in the Fenland local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

4 FOUNTAIN CLOSE Sold Prices

Land registry data shows two sales for 4 FOUNTAIN 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 FOUNTAIN 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
2014 28 FEB	£287,500	£182,384	58% above HPI
2009 16 DEC	£280,000	£172,910	62% above HPI

4 FOUNTAIN 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 FOUNTAIN CLOSE sales from December 2009 and February 2014 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 December 2009 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the February 2014 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might 4 FOUNTAIN CLOSE be worth now?

4 FOUNTAIN CLOSE might now be worth an estimated £496,194.

This is based on house price inflation of 72.6%, between February 2014 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 72.6% inflationary increase is applied to the most recent sale price for 4 FOUNTAIN CLOSE of £287,500 on 28th February 2014. For the value to have increased from £287,500 to £496,194 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 4 FOUNTAIN CLOSE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The February 2014 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of 4 FOUNTAIN CLOSE has not materially changed since February 2014.

How Large is 4 FOUNTAIN CLOSE?

4 FOUNTAIN CLOSE is 231m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the largest 10% 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 FOUNTAIN CLOSE lies on this distribution: 95% of detached houses houses are smaller than 4 FOUNTAIN CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Benwick.

4 FOUNTAIN CLOSE: Plot and Title Map

4 FOUNTAIN CLOSE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 4 FOUNTAIN 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 FOUNTAIN 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 FOUNTAIN CLOSE?

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