8, WILLOWHERB CLOSE, MARCH, PE15 8SZ - £225,000

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

8 WILLOWHERB CLOSE is a very small detached house of 61m², built sometime between 2007 and 2011. It was last sold for £225,000 in September 2023, which was around 28% below the average September 2023 detached price in the Fenland local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

8 WILLOWHERB CLOSE Sold Prices

Land registry data shows three sales for 8 WILLOWHERB 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. All of the three 8 WILLOWHERB 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
2023 18 SEP	£225,000	£314,530	28% below HPI
2018 1 JUN	£188,000	£248,830	24% below HPI
2015 1 MAY	£145,000	£202,107	28% below HPI

8 WILLOWHERB 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 8 WILLOWHERB CLOSE sales between May 2015 and September 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 June 2018 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2023 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 8 WILLOWHERB CLOSE?

8 WILLOWHERB CLOSE is 61m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 10% of detached houses in March, based on EPC data. The below chart shows the distribution of detached houses by size in March, and where 8 WILLOWHERB CLOSE lies on this distribution: 9% of detached houses are smaller than 8 WILLOWHERB CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in March.

8 WILLOWHERB CLOSE: Plot and Title Map

8 WILLOWHERB CLOSE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 8 WILLOWHERB 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 WILLOWHERB 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 WILLOWHERB CLOSE?

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