17, MILLFIELD CLOSE, MARCH, PE15 9HL - £200,000

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.

17 MILLFIELD CLOSE is a small detached house of 91m², built sometime between 2007 and 2011, which could now be worth an estimated £225,118. It was last sold for £200,000 in July 2021, which was around 28% below the average July 2021 detached price in the Fenland local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

17 MILLFIELD CLOSE Sold Prices

Land registry data shows three sales for 17 MILLFIELD 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 17 MILLFIELD 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
2021 23 JUL	£200,000	£276,944	28% below HPI
2015 9 JUN	£162,000	£208,142	22% below HPI
2011 5 APR	£145,000	£172,256	16% below HPI

17 MILLFIELD 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 17 MILLFIELD CLOSE sales between April 2011 and July 2021 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 2015 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 17 MILLFIELD CLOSE be worth now?

17 MILLFIELD CLOSE might now be worth an estimated £225,118.

This is based on house price inflation of 12.6%, between July 2021 and May 2026, 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 12.6% inflationary increase is applied to the most recent sale price for 17 MILLFIELD CLOSE of £200,000 on 23rd July 2021. For the value to have increased from £200,000 to £225,118 over the five years and two months to May 2026, the following assumptions must hold true:

• The value of 17 MILLFIELD CLOSE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The July 2021 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 17 MILLFIELD CLOSE has not materially changed since July 2021.

How Large is 17 MILLFIELD CLOSE?

17 MILLFIELD CLOSE is 91m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 40% 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 17 MILLFIELD CLOSE lies on this distribution: 40% of detached houses houses are smaller than 17 MILLFIELD CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in March.

17 MILLFIELD CLOSE: Plot and Title Map

17 MILLFIELD CLOSE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 17 MILLFIELD 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 17 MILLFIELD 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 17 MILLFIELD CLOSE?

17 MILLFIELD CLOSE is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 17 on MILLFIELD CLOSE.