8, RICHARDS CLOSE, MARCH, PE15 8UH - £46,000

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.

8 RICHARDS CLOSE is a semi-detached house, which could now be worth an estimated £252,727. It was last sold for £46,000 in May 1997, which was around 24% above the average May 1997 semi-detached price in the Fenland local authority area.

8 RICHARDS CLOSE Sold Prices

Land registry data shows two sales for 8 RICHARDS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Fenland local authority area for the corresponding sale date. Both of the two 8 RICHARDS 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
1997 16 MAY	£46,000	£37,242	24% above HPI
1996 3 MAY	£44,950	£35,886	25% above HPI

What might 8 RICHARDS CLOSE be worth now?

8 RICHARDS CLOSE might now be worth an estimated £252,727.

This is based on house price inflation of 449.4%, between May 1997 and April 2026, for semi-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 449.4% inflationary increase is applied to the most recent sale price for 8 RICHARDS CLOSE of £46,000 on 16th May 1997. For the value to have increased from £46,000 to £252,727 over the 29 years and one month to April 2026, the following assumptions must hold true:

• The value of 8 RICHARDS CLOSE has moved in line with the HPI for semi-detached houses in the Fenland local authority area.
• The May 1997 sale price of £46,000 represented a fair market value for the property.
• The size, condition, and specification of 8 RICHARDS CLOSE has not materially changed since May 1997.

Where is 8 RICHARDS CLOSE?

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