8, POND CLOSE, WIMBLINGTON, MARCH, PE15 0RL - £228,000

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 POND CLOSE is a midsized extended detached house of 103m², built sometime between 1996 and 2002, which could now be worth an estimated £276,276. It was last sold for £228,000 in October 2018, which was around 12% below the average October 2018 detached price in the Fenland local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

8 POND CLOSE Sold Prices

Land registry data shows four sales for 8 POND 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. All of the four 8 POND CLOSE sales 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
2018 12 OCT	£228,000	£259,772	12% below HPI
2016 15 FEB	£180,000	£221,249	19% below HPI
2011 6 SEP	£162,500	£173,058	6% below HPI
2002 26 SEP	£120,000	£123,762	3% below HPI

8 POND 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 POND CLOSE sales between September 2002 and October 2018 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 February 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2018 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 8 POND CLOSE be worth now?

8 POND CLOSE might now be worth an estimated £276,276.

This is based on house price inflation of 21.2%, between October 2018 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 21.2% inflationary increase is applied to the most recent sale price for 8 POND CLOSE of £228,000 on 12th October 2018. For the value to have increased from £228,000 to £276,276 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 POND CLOSE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The October 2018 sale price of £228,000 represented a fair market value for the property.
• The size, condition, and specification of 8 POND CLOSE has not materially changed since October 2018.

How Large is 8 POND CLOSE?

8 POND CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 50% of detached houses houses in Wimblington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wimblington, and where 8 POND CLOSE lies on this distribution: 44% of detached houses houses are smaller than 8 POND CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Wimblington.

8 POND CLOSE: Plot and Title Map

8 POND CLOSE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 8 POND 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 POND 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 POND CLOSE?

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