12, FAIRFAX WAY, MARCH, PE15 9HP - £180,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 FAIRFAX WAY is a large detached house of 134m², built sometime between 1996 and 2002. It was last sold for £180,000 in April 2010, which was around 6% above the average April 2010 detached price in the Fenland local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

12 FAIRFAX WAY Sold Prices

Land registry data shows three sales for 12 FAIRFAX 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 12 FAIRFAX 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
2010 22 APR	£180,000	£169,687	6% above HPI
2004 23 JAN	£171,000	£156,571	9% above HPI
2000 18 FEB	£90,000	£75,385	19% above HPI

12 FAIRFAX 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 12 FAIRFAX WAY sales between February 2000 and April 2010 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 January 2004 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the April 2010 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 12 FAIRFAX WAY?

12 FAIRFAX WAY is 134m² according to the EPC inspection conducted in June 2019. This puts it in the largest 30% of detached houses in March, based on EPC data. The below chart shows the distribution of detached houses by size in March, and where 12 FAIRFAX WAY lies on this distribution: 78% of detached houses are smaller than 12 FAIRFAX WAY, and 21% of houses are larger. Note that EPC data is not available for all properties in March.

12 FAIRFAX WAY: Plot and Title Map

12 FAIRFAX WAY sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 12 FAIRFAX 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 12 FAIRFAX 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 12 FAIRFAX WAY?

12 FAIRFAX WAY is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 12 on FAIRFAX WAY.