1, ALEXANDER GARDENS, MARCH, PE15 8TU - £225,000

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.

1 ALEXANDER GARDENS is a midsized detached house of 98m², built sometime between 2003 and 2006, which could now be worth an estimated £277,035. It was last sold for £225,000 in February 2020, which was around 12% below the average February 2020 detached price in the Fenland local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

1 ALEXANDER GARDENS Sold Prices

Land registry data shows two sales for 1 ALEXANDER GARDENS 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. One of the two 1 ALEXANDER GARDENS sales was for below the average price, whilst the other was roughly equal to 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
2020 28 FEB	£225,000	£255,651	12% below HPI
2003 31 MAR	£140,000	£139,382	Close to HPI

1 ALEXANDER GARDENS 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 ALEXANDER GARDENS sales from March 2003 and February 2020 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 March 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 1 ALEXANDER GARDENS be worth now?

1 ALEXANDER GARDENS might now be worth an estimated £277,035.

This is based on house price inflation of 23.1%, between February 2020 and February 2025, 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 23.1% inflationary increase is applied to the most recent sale price for 1 ALEXANDER GARDENS of £225,000 on 28th February 2020. For the value to have increased from £225,000 to £277,035 over the five years to February 2025, the following assumptions must hold true:

• The value of 1 ALEXANDER GARDENS has moved in line with the HPI for detached houses in the Fenland local authority area.
• The February 2020 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ALEXANDER GARDENS has not materially changed since February 2020.

How Large is 1 ALEXANDER GARDENS?

1 ALEXANDER GARDENS is 98m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 50% of detached houses houses in March, based on EPC data. The below chart shows the distribution of detached houses houses by size in March, and where 1 ALEXANDER GARDENS lies on this distribution: 49% of detached houses houses are smaller than 1 ALEXANDER GARDENS, and 50% of houses are larger. Note that EPC data is not available for all properties in March.

1 ALEXANDER GARDENS: Plot and Title Map

1 ALEXANDER GARDENS sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 1 ALEXANDER GARDENS, 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 ALEXANDER GARDENS). 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 ALEXANDER GARDENS?

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