1, PROSPECT ROAD, MARCH, PE15 8EJ - £147,000

1 PROSPECT ROAD is a very small extended detached house of 50m², built sometime between 1930 and 1949. It was last sold for £147,000 in October 2007, which was around 26% below the average October 2007 detached price in the Fenland local authority area. The most recent EPC inspection was November 2023, where the current energy rating was E, and the potential energy rating was B.

1 PROSPECT ROAD Sold Prices

Land registry data shows two sales for 1 PROSPECT ROAD 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 1 PROSPECT ROAD 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
2007 8 OCT	£147,000	£198,707	26% below HPI
2001 20 DEC	£67,000	£103,605	35% below HPI

1 PROSPECT ROAD 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 two 1 PROSPECT ROAD sales from December 2001 and October 2007 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 December 2001 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2007 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 1 PROSPECT ROAD?

1 PROSPECT ROAD is 50m², which includes two extensions, according to the EPC inspection conducted in November 2023. 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 1 PROSPECT ROAD lies on this distribution: 1% of detached houses are smaller than 1 PROSPECT ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in March.

1 PROSPECT ROAD: Plot and Title Map

1 PROSPECT ROAD sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 1 PROSPECT ROAD, 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 1 PROSPECT ROAD). 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 1 PROSPECT ROAD?

1 PROSPECT ROAD is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 1 on PROSPECT ROAD.