15, NEW PARK, MARCH, PE15 8RT - £169,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

15 NEW PARK is a midsized extended semi-detached house of 107m², built sometime before 1900. It was last sold for £169,000 in October 2021, which was around 41% below the average October 2021 detached price in the Fenland local authority area. The most recent EPC inspection was November 2019, where the current energy rating was E, and the potential energy rating was B.

15 NEW PARK Sold Prices

Land registry data shows six sales for 15 NEW PARK since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the six 15 NEW PARK 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 15 OCT	£169,000	£285,956	41% below HPI
2016 9 DEC	£145,000	£229,566	37% below HPI
2010 19 MAR	£117,000	£168,380	31% below HPI
2007 20 JUN	£137,950	£190,244	27% below HPI
1999 28 SEP	£55,250	£74,400	26% below HPI
1998 11 SEP	£43,000	£68,544	37% below HPI

15 NEW PARK 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 six 15 NEW PARK sales between September 1998 and October 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 December 2016 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2021 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 15 NEW PARK?

15 NEW PARK is 107m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the largest 50% of detached houses in March, based on EPC data. The below chart shows the distribution of detached houses by size in March, and where 15 NEW PARK lies on this distribution: 59% of detached houses are smaller than 15 NEW PARK, and 41% of houses are larger. Note that EPC data is not available for all properties in March.

15 NEW PARK: Plot and Title Map

15 NEW PARK sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 15 NEW PARK, 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 15 NEW PARK). 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 15 NEW PARK?

15 NEW PARK is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 15 on NEW PARK.