6, ALPHA CLOSE, BENWICK, MARCH, PE15 0FF - £265,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

6 ALPHA CLOSE is a large detached house of 153m², built sometime from 2007 onwards, which could now be worth an estimated £324,784. It was last sold for £265,000 in January 2020, which was around 3% above the average January 2020 detached price in the Fenland local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

6 ALPHA CLOSE Sold Prices

Land registry data shows three sales for 6 ALPHA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. Two of the three 6 ALPHA CLOSE sales were for above the average price, whilst one was for below 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
2020 31 JAN	£265,000	£256,833	3% above HPI
2018 23 OCT	£230,000	£259,772	11% below HPI
2009 12 AUG	£215,000	£167,475	28% above HPI

6 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 three 6 ALPHA CLOSE sales between August 2009 and January 2020 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 October 2018 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2020 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 6 ALPHA CLOSE be worth now?

6 ALPHA CLOSE might now be worth an estimated £324,784.

This is based on house price inflation of 22.6%, between January 2020 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 22.6% inflationary increase is applied to the most recent sale price for 6 ALPHA CLOSE of £265,000 on 31st January 2020. For the value to have increased from £265,000 to £324,784 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 6 ALPHA CLOSE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The January 2020 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 6 ALPHA CLOSE has not materially changed since January 2020.

How Large is 6 ALPHA CLOSE?

6 ALPHA CLOSE is 153m² according to the EPC inspection conducted in September 2019. This puts it in the largest 30% 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 6 ALPHA CLOSE lies on this distribution: 79% of detached houses houses are smaller than 6 ALPHA CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Benwick.

6 ALPHA CLOSE: Plot and Title Map

6 ALPHA CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 6 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 6 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 6 ALPHA CLOSE?

6 ALPHA CLOSE is located in BENWICK, in the PE15 postcode district. The below map shows the position of No. 6 on ALPHA CLOSE.