23, GRESLEY WAY, MARCH, PE15 8QA - £180,000

23 GRESLEY WAY is a very small detached house of 47m², built sometime between 1976 and 1982. It was last sold for £180,000 in May 2021, which was around 32% below the average May 2021 detached price in the Fenland local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

23 GRESLEY WAY Sold Prices

Land registry data shows three sales for 23 GRESLEY WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the three 23 GRESLEY WAY 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
2021 5 MAY	£180,000	£265,430	32% below HPI
2006 10 NOV	£138,500	£182,005	24% below HPI
2004 29 JAN	£112,500	£156,571	28% below HPI

23 GRESLEY WAY 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 three 23 GRESLEY WAY sales between January 2004 and May 2021 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 November 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 23 GRESLEY WAY?

23 GRESLEY WAY is 47m² according to the EPC inspection conducted in April 2017. 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 23 GRESLEY WAY lies on this distribution: Less than 1% of detached houses are smaller than 23 GRESLEY WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in March.

23 GRESLEY WAY: Plot and Title Map

23 GRESLEY WAY sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 23 GRESLEY WAY, 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 23 GRESLEY WAY). 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 23 GRESLEY WAY?

23 GRESLEY WAY is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 23 on GRESLEY WAY.