8, RIVER CLOSE, BENWICK, MARCH, PE15 0XZ - £169,995

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 RIVER CLOSE is a large detached house of 137m², built sometime between 1967 and 1975, which could now be worth an estimated £349,071. It was last sold for £169,995 in October 2003, which was around 11% above the average October 2003 detached price in the Fenland local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

8 RIVER CLOSE Sold Prices

Land registry data shows two sales for 8 RIVER 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 8 RIVER CLOSE sales was for above the average price, whilst the other was roughly equal to 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
2003 28 OCT	£169,995	£153,293	11% above HPI
1995 8 SEP	£58,000	£58,051	Close to HPI

8 RIVER 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 8 RIVER CLOSE sales from September 1995 and October 2003 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 September 1995 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2003 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 8 RIVER CLOSE be worth now?

8 RIVER CLOSE might now be worth an estimated £349,071.

This is based on house price inflation of 105.3%, between October 2003 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 105.3% inflationary increase is applied to the most recent sale price for 8 RIVER CLOSE of £169,995 on 28th October 2003. For the value to have increased from £169,995 to £349,071 over the 22 years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 RIVER CLOSE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The October 2003 sale price of £169,995 represented a fair market value for the property.
• The size, condition, and specification of 8 RIVER CLOSE has not materially changed since October 2003.

How Large is 8 RIVER CLOSE?

8 RIVER CLOSE is 137m² according to the EPC inspection conducted in September 2014. This puts it in the largest 40% 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 8 RIVER CLOSE lies on this distribution: 68% of detached houses houses are smaller than 8 RIVER CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Benwick.

8 RIVER CLOSE: Plot and Title Map

8 RIVER CLOSE sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 8 RIVER 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 RIVER 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 RIVER CLOSE?

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