56, CEDAR CLOSE, MARCH, PE15 8RP - £310,000

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

56 CEDAR CLOSE is a midsized extended detached house of 99m², built sometime between 2003 and 2006. It was last sold for £310,000 in August 2023, which was around 1% below the average August 2023 detached price in the Fenland local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

56 CEDAR CLOSE Sold Prices

Land registry data shows two sales for 56 CEDAR 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. One of the two 56 CEDAR CLOSE sales was for below the average price, whilst the other was 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
2023 4 AUG	£310,000	£312,047	1% below HPI
2009 20 MAY	£185,000	£159,131	16% above HPI

56 CEDAR 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 56 CEDAR CLOSE sales from May 2009 and August 2023 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 May 2009 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the August 2023 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 56 CEDAR CLOSE?

56 CEDAR CLOSE is 99m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the largest 50% of detached houses in March, based on EPC data. The below chart shows the distribution of detached houses by size in March, and where 56 CEDAR CLOSE lies on this distribution: 50% of detached houses are smaller than 56 CEDAR CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in March.

56 CEDAR CLOSE: Plot and Title Map

56 CEDAR CLOSE sits on a plot of roughly 0.092 of an acre, or 370m². The below map shows the location of 56 CEDAR 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 56 CEDAR 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 56 CEDAR CLOSE?

56 CEDAR CLOSE is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 56 on CEDAR CLOSE.