15, WAKE ROAD, MARCH, PE15 8UL - £202,000

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.

15 WAKE ROAD is a very small detached house of 61m², built sometime between 1991 and 1995, which could now be worth an estimated £246,446. It was last sold for £202,000 in June 2019, which was around 22% below the average June 2019 detached price in the Fenland local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

15 WAKE ROAD Sold Prices

Land registry data shows two sales for 15 WAKE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. Both of the two 15 WAKE ROAD 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
2019 10 JUN	£202,000	£258,006	22% below HPI
1998 26 NOV	£59,950	£71,148	16% below HPI

15 WAKE 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 two 15 WAKE ROAD sales from November 1998 and June 2019 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 1998 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2019 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 15 WAKE ROAD be worth now?

15 WAKE ROAD might now be worth an estimated £246,446.

This is based on house price inflation of 22%, between June 2019 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 22% inflationary increase is applied to the most recent sale price for 15 WAKE ROAD of £202,000 on 10th June 2019. For the value to have increased from £202,000 to £246,446 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 15 WAKE ROAD has moved in line with the HPI for detached houses in the Fenland local authority area.
• The June 2019 sale price of £202,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WAKE ROAD has not materially changed since June 2019.

How Large is 15 WAKE ROAD?

15 WAKE ROAD is 61m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% of detached houses houses in March, based on EPC data. The below chart shows the distribution of detached houses houses by size in March, and where 15 WAKE ROAD lies on this distribution: 9% of detached houses houses are smaller than 15 WAKE ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in March.

15 WAKE ROAD: Plot and Title Map

15 WAKE ROAD sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 15 WAKE 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 15 WAKE 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 15 WAKE ROAD?

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