15, NEWLANDS AVENUE, MARCH, PE15 8NL - £245,000

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

15 NEWLANDS AVENUE is a very small extended detached house of 59m², built sometime between 1900 and 1929. It was last sold for £245,000 in August 2021, which was around 11% below the average August 2021 detached price in the Fenland local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

15 NEWLANDS AVENUE Sold Prices

Land registry data shows three sales for 15 NEWLANDS AVENUE 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 15 NEWLANDS AVENUE 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 9 AUG	£245,000	£275,250	11% below HPI
2020 25 FEB	£140,000	£249,696	44% below HPI
2004 8 SEP	£96,500	£170,732	43% below HPI

15 NEWLANDS AVENUE 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 15 NEWLANDS AVENUE sales between September 2004 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 February 2020 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the August 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 15 NEWLANDS AVENUE?

15 NEWLANDS AVENUE is 59m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% 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 NEWLANDS AVENUE lies on this distribution: 6% of detached houses are smaller than 15 NEWLANDS AVENUE, and 93% of houses are larger. Note that EPC data is not available for all properties in March.

15 NEWLANDS AVENUE: Plot and Title Map

15 NEWLANDS AVENUE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 15 NEWLANDS AVENUE, 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 NEWLANDS AVENUE). 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 NEWLANDS AVENUE?

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