11, MORLEY WAY, WIMBLINGTON, MARCH, PE15 0NR - £317,500

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.

11 MORLEY WAY is a very small detached house of 82m², built sometime between 1996 and 2002, which could now be worth an estimated £354,635. It was last sold for £317,500 in August 2021, which was around 13% above the average August 2021 detached price in the Fenland local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

11 MORLEY WAY Sold Prices

Land registry data shows three sales for 11 MORLEY 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 11 MORLEY WAY 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
2021 10 AUG	£317,500	£281,814	13% above HPI
2011 9 NOV	£185,000	£174,193	6% above HPI
2002 25 OCT	£129,000	£126,999	2% above HPI

11 MORLEY 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 11 MORLEY WAY sales between October 2002 and August 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 2011 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2021 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 11 MORLEY WAY be worth now?

11 MORLEY WAY might now be worth an estimated £354,635.

This is based on house price inflation of 11.7%, between August 2021 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 11.7% inflationary increase is applied to the most recent sale price for 11 MORLEY WAY of £317,500 on 10th August 2021. For the value to have increased from £317,500 to £354,635 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 11 MORLEY WAY has moved in line with the HPI for detached houses in the Fenland local authority area.
• The August 2021 sale price of £317,500 represented a fair market value for the property.
• The size, condition, and specification of 11 MORLEY WAY has not materially changed since August 2021.

How Large is 11 MORLEY WAY?

11 MORLEY WAY is 82m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 20% of detached houses houses in Wimblington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wimblington, and where 11 MORLEY WAY lies on this distribution: 16% of detached houses houses are smaller than 11 MORLEY WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Wimblington.

11 MORLEY WAY: Plot and Title Map

11 MORLEY WAY sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 11 MORLEY 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 11 MORLEY 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 11 MORLEY WAY?

11 MORLEY WAY is located in WIMBLINGTON, in the PE15 postcode district. The below map shows the position of No. 11 on MORLEY WAY.