2, ORCHARD CLOSE, MARCH, PE15 9DF - £260,000

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 ORCHARD CLOSE is a very large extended detached house of 191m², built sometime between 1967 and 1975, which could now be worth an estimated £459,742. It was last sold for £260,000 in July 2012, which was around 47% above the average July 2012 detached price in the Fenland local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was C.

2 ORCHARD CLOSE Sold Prices

Land registry data shows one sale for 2 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Fenland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 2 JUL	£260,000	£176,292	47% above HPI

What might 2 ORCHARD CLOSE be worth now?

2 ORCHARD CLOSE might now be worth an estimated £459,742.

This is based on house price inflation of 76.8%, between July 2012 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 76.8% inflationary increase is applied to the most recent sale price for 2 ORCHARD CLOSE of £260,000 on 2nd July 2012. For the value to have increased from £260,000 to £459,742 over the fourteen years and two months to May 2026, the following assumptions must hold true:

• The value of 2 ORCHARD CLOSE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The July 2012 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ORCHARD CLOSE has not materially changed since July 2012.

How Large is 2 ORCHARD CLOSE?

2 ORCHARD CLOSE is 191m², which includes three extensions, according to the EPC inspection conducted in March 2014. This puts it in the largest 10% of detached houses in March, based on EPC data. The below chart shows the distribution of detached houses by size in March, and where 2 ORCHARD CLOSE lies on this distribution: 94% of detached houses are smaller than 2 ORCHARD CLOSE, and 6% of detached houses are larger. Note that EPC data is not available for all properties in March.

2 ORCHARD CLOSE: Plot

2 ORCHARD CLOSE sits on a plot of roughly 0.217 of an acre, or 879m².

Where is 2 ORCHARD CLOSE?

2 ORCHARD CLOSE is located in MARCH, in the PE15 postcode district.