23, MILLFIELD CLOSE, MARCH, PE15 9HL - £165,000

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.

23 MILLFIELD CLOSE is a small terraced house of 90m², built in 2008, which could now be worth an estimated £282,211. It was last sold for £165,000 in December 2013, which was around 75% above the average December 2013 terraced price in the Fenland local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was B.

23 MILLFIELD CLOSE Sold Prices

Land registry data shows two sales for 23 MILLFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Fenland local authority area for the corresponding sale date. Both of the two 23 MILLFIELD CLOSE sales were for above 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
2013 11 DEC	£165,000	£94,183	75% above HPI
2011 16 JUN	£152,500	£91,166	67% above HPI

23 MILLFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Fenland local authority area over time, sourced from the HPI. The two 23 MILLFIELD CLOSE sales from June 2011 and December 2013 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 2011 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the December 2013 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.

What might 23 MILLFIELD CLOSE be worth now?

23 MILLFIELD CLOSE might now be worth an estimated £282,211.

This is based on house price inflation of 71%, between December 2013 and May 2026, for terraced 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 71% inflationary increase is applied to the most recent sale price for 23 MILLFIELD CLOSE of £165,000 on 11th December 2013. For the value to have increased from £165,000 to £282,211 over the thirteen years and seven months to May 2026, the following assumptions must hold true:

• The value of 23 MILLFIELD CLOSE has moved in line with the HPI for terraced houses in the Fenland local authority area.
• The December 2013 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 23 MILLFIELD CLOSE has not materially changed since December 2013.

How Large is 23 MILLFIELD CLOSE?

23 MILLFIELD CLOSE is 90m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 40% of terraced houses houses in March, based on EPC data. The below chart shows the distribution of terraced houses houses by size in March, and where 23 MILLFIELD CLOSE lies on this distribution: 39% of terraced houses houses are smaller than 23 MILLFIELD CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in March.

23 MILLFIELD CLOSE: Plot and Title Map

23 MILLFIELD CLOSE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 23 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 23 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 23 MILLFIELD CLOSE?

23 MILLFIELD CLOSE is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 23 on MILLFIELD CLOSE.