123, ELM ROAD, MARCH, PE15 8PP - £318,000

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

123 ELM ROAD is a large extended detached house of 134m², built sometime between 1967 and 1975. It was last sold for £318,000 in March 2023, which was about the average March 2023 detached price in the Fenland local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

123 ELM ROAD Sold Prices

Land registry data shows five sales for 123 ELM ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. The five 123 ELM ROAD sales were a mix of roughly equal to the average price, above the average price, and 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
2023 23 MAR	£318,000	£317,772	Close to HPI
2017 23 JAN	£229,000	£230,628	1% below HPI
2009 9 JAN	£145,000	£169,799	15% below HPI
1999 28 SEP	£84,000	£74,400	13% above HPI
1996 23 AUG	£67,000	£55,519	21% above HPI

123 ELM 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 five 123 ELM ROAD sales between August 1996 and March 2023 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 2017 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2023 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 123 ELM ROAD?

123 ELM ROAD is 134m², which includes one extension, according to the EPC inspection conducted in September 2022. 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 123 ELM ROAD lies on this distribution: 78% of detached houses are smaller than 123 ELM ROAD, and 21% of houses are larger. Note that EPC data is not available for all properties in March.

123 ELM ROAD: Plot and Title Map

123 ELM ROAD sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 123 ELM 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 123 ELM 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 123 ELM ROAD?

123 ELM ROAD is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 123 on ELM ROAD.