8, PACIFIC CLOSE, MARCH, PE15 8QB - £256,000

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.

8 PACIFIC CLOSE is a large extended detached house of 132m², built sometime between 1983 and 1990, which could now be worth an estimated £316,765. It was last sold for £256,000 in August 2019, which was around 1% above the average August 2019 detached price in the Fenland local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

8 PACIFIC CLOSE Sold Prices

Land registry data shows four sales for 8 PACIFIC CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. two of the four 8 PACIFIC CLOSE sales were for above the average price, and four were 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
2019 23 AUG	£256,000	£254,392	1% above HPI
2015 5 NOV	£212,000	£214,013	1% below HPI
2006 19 APR	£159,500	£182,561	13% below HPI
1999 15 NOV	£77,000	£76,414	1% above HPI

8 PACIFIC 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 four 8 PACIFIC CLOSE sales between November 1999 and August 2019 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 November 2015 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2019 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 8 PACIFIC CLOSE be worth now?

8 PACIFIC CLOSE might now be worth an estimated £316,765.

This is based on house price inflation of 23.7%, between August 2019 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 23.7% inflationary increase is applied to the most recent sale price for 8 PACIFIC CLOSE of £256,000 on 23rd August 2019. For the value to have increased from £256,000 to £316,765 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 8 PACIFIC CLOSE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The August 2019 sale price of £256,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PACIFIC CLOSE has not materially changed since August 2019.

How Large is 8 PACIFIC CLOSE?

8 PACIFIC CLOSE is 132m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 30% of detached houses houses in March, based on EPC data. The below chart shows the distribution of detached houses houses by size in March, and where 8 PACIFIC CLOSE lies on this distribution: 77% of detached houses houses are smaller than 8 PACIFIC CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in March.

8 PACIFIC CLOSE: Plot and Title Map

8 PACIFIC CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 8 PACIFIC 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 8 PACIFIC 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 8 PACIFIC CLOSE?

8 PACIFIC CLOSE is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 8 on PACIFIC CLOSE.