RESTCOT, SCARGELLS YARD, MARCH, PE15 9LR - £145,000

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.

RESTCOT is a very small extended detached house of 72m², built sometime before 1900, which could now be worth an estimated £146,770. It was last sold for £145,000 in November 2023, which was around 53% below the average November 2023 detached price in the Fenland local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

RESTCOT Sold Prices

Land registry data shows three sales for RESTCOT 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 RESTCOT 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 17 NOV	£145,000	£310,979	53% below HPI
2023 5 APR	£135,000	£326,651	59% below HPI
2002 19 JUL	£65,000	£119,677	46% below HPI

RESTCOT 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 RESTCOT sales between July 2002 and November 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 April 2023 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the November 2023 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.

What might RESTCOT be worth now?

RESTCOT might now be worth an estimated £146,770.

This is based on house price inflation of 1.2%, between November 2023 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 1.2% inflationary increase is applied to the most recent sale price for RESTCOT of £145,000 on 17th November 2023. For the value to have increased from £145,000 to £146,770 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of RESTCOT has moved in line with the HPI for detached houses in the Fenland local authority area.
• The November 2023 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of RESTCOT has not materially changed since November 2023.

How Large is RESTCOT?

RESTCOT is 72m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 20% 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 RESTCOT lies on this distribution: 20% of detached houses houses are smaller than RESTCOT, and 80% of houses are larger. Note that EPC data is not available for all properties in March.

RESTCOT: Plot and Title Map

RESTCOT sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of RESTCOT, 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 RESTCOT). 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 RESTCOT?

RESTCOT is located on SCARGELLS YARD in MARCH, in the PE15 postcode district. The below map shows the position of RESTCOT on SCARGELLS YARD.