18, RICHARDS CLOSE, MARCH, PE15 8UH - £93,000

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.

18 RICHARDS CLOSE is a detached house, which could now be worth an estimated £290,341. It was last sold for £93,000 in September 2001, which was around 7% below the average September 2001 detached price in the Fenland local authority area.

18 RICHARDS CLOSE Sold Prices

Land registry data shows two sales for 18 RICHARDS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. Both of the two 18 RICHARDS 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
2001 14 SEP	£93,000	£99,850	7% below HPI
1996 11 MAR	£49,950	£54,764	9% below HPI

What might 18 RICHARDS CLOSE be worth now?

18 RICHARDS CLOSE might now be worth an estimated £290,341.

This is based on house price inflation of 212.2%, between September 2001 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 212.2% inflationary increase is applied to the most recent sale price for 18 RICHARDS CLOSE of £93,000 on 14th September 2001. For the value to have increased from £93,000 to £290,341 over the 25 years and four months to May 2026, the following assumptions must hold true:

• The value of 18 RICHARDS CLOSE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The September 2001 sale price of £93,000 represented a fair market value for the property.
• The size, condition, and specification of 18 RICHARDS CLOSE has not materially changed since September 2001.

Where is 18 RICHARDS CLOSE?

18 RICHARDS CLOSE is located in MARCH, in the PE15 postcode district.