16, FAIRFAX WAY, MARCH, PE15 9HP - £227,500

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.

16 FAIRFAX WAY is a large semi-detached house of 116m², built sometime between 1991 and 1995, which could now be worth an estimated £307,702. It was last sold for £227,500 in May 2017, which was around 48% above the average May 2017 semi-detached price in the Fenland local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

16 FAIRFAX WAY Sold Prices

Land registry data shows two sales for 16 FAIRFAX WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Fenland local authority area for the corresponding sale date. Both of the two 16 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
2017 4 MAY	£227,500	£153,924	48% above HPI
2016 22 MAR	£187,500	£141,103	33% above HPI

16 FAIRFAX WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Fenland local authority area over time, sourced from the HPI. The two 16 FAIRFAX WAY sales from March 2016 and May 2017 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 March 2016 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the May 2017 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 16 FAIRFAX WAY be worth now?

16 FAIRFAX WAY might now be worth an estimated £307,702.

This is based on house price inflation of 35.3%, between May 2017 and February 2025, for semi-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 35.3% inflationary increase is applied to the most recent sale price for 16 FAIRFAX WAY of £227,500 on 4th May 2017. For the value to have increased from £227,500 to £307,702 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of 16 FAIRFAX WAY has moved in line with the HPI for semi-detached houses in the Fenland local authority area.
• The May 2017 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 16 FAIRFAX WAY has not materially changed since May 2017.

How Large is 16 FAIRFAX WAY?

16 FAIRFAX WAY is 116m² according to the EPC inspection conducted in August 2023. This puts it in the largest 40% of semi-detached houses houses in March, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in March, and where 16 FAIRFAX WAY lies on this distribution: 66% of semi-detached houses houses are smaller than 16 FAIRFAX WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in March.

16 FAIRFAX WAY: Plot and Title Map

16 FAIRFAX WAY sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 16 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 16 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 16 FAIRFAX WAY?

16 FAIRFAX WAY is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 16 on FAIRFAX WAY.