2, SWIFT CLOSE, MARCH, PE15 9JL - £180,000

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.

2 SWIFT CLOSE is a very small extended semi-detached house of 71m², built sometime between 1983 and 1990, which could now be worth an estimated £216,875. It was last sold for £180,000 in July 2020, which was around 4% above the average July 2020 semi-detached price in the Fenland local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

2 SWIFT CLOSE Sold Prices

Land registry data shows four sales for 2 SWIFT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Fenland local authority area for the corresponding sale date. two of the four 2 SWIFT 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
2020 31 JUL	£180,000	£172,790	4% above HPI
2010 27 AUG	£110,000	£115,512	5% below HPI
2002 25 APR	£81,500	£69,281	18% above HPI
1998 16 OCT	£41,000	£42,522	4% below HPI

2 SWIFT CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Fenland local authority area over time, sourced from the HPI. The four 2 SWIFT CLOSE sales between October 1998 and July 2020 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 August 2010 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2020 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 2 SWIFT CLOSE be worth now?

2 SWIFT CLOSE might now be worth an estimated £216,875.

This is based on house price inflation of 20.5%, between July 2020 and February 2025, for semi-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 20.5% inflationary increase is applied to the most recent sale price for 2 SWIFT CLOSE of £180,000 on 31st July 2020. For the value to have increased from £180,000 to £216,875 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 2 SWIFT CLOSE has moved in line with the HPI for semi-detached houses in the Fenland local authority area.
• The July 2020 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SWIFT CLOSE has not materially changed since July 2020.

How Large is 2 SWIFT CLOSE?

2 SWIFT CLOSE is 71m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 20% of semi-detached houses houses in March, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in March, and where 2 SWIFT CLOSE lies on this distribution: 19% of semi-detached houses houses are smaller than 2 SWIFT CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in March.

2 SWIFT CLOSE: Plot and Title Map

2 SWIFT CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 2 SWIFT 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 2 SWIFT 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 2 SWIFT CLOSE?

2 SWIFT CLOSE is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 2 on SWIFT CLOSE.