7, CEDAR CLOSE, MARCH, PE15 8RP - £170,000

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.

7 CEDAR CLOSE is a very small detached house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £221,909. It was last sold for £170,000 in April 2017, which was around 29% below the average April 2017 detached price in the Fenland local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

7 CEDAR CLOSE Sold Prices

Land registry data shows one sale for 7 CEDAR 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
2017 24 APR	£170,000	£238,807	29% below HPI

What might 7 CEDAR CLOSE be worth now?

7 CEDAR CLOSE might now be worth an estimated £221,909.

This is based on house price inflation of 30.5%, between April 2017 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 30.5% inflationary increase is applied to the most recent sale price for 7 CEDAR CLOSE of £170,000 on 24th April 2017. For the value to have increased from £170,000 to £221,909 over the eight years and eleven months to May 2026, the following assumptions must hold true:

• The value of 7 CEDAR CLOSE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The April 2017 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CEDAR CLOSE has not materially changed since April 2017.

How Large is 7 CEDAR CLOSE?

7 CEDAR CLOSE is 55m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 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 7 CEDAR CLOSE lies on this distribution: 2% of detached houses are smaller than 7 CEDAR CLOSE, and 98% of detached houses are larger. Note that EPC data is not available for all properties in March.

7 CEDAR CLOSE: Plot

7 CEDAR CLOSE sits on a plot of roughly 0.075 of an acre, or 302m².

Where is 7 CEDAR CLOSE?

7 CEDAR CLOSE is located in MARCH, in the PE15 postcode district.