18, WAKE ROAD, MARCH, PE15 8UL - £135,000

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

18 WAKE ROAD is a very small detached house of 58m², built sometime between 1991 and 1995. It was last sold for £135,000 in January 2015, which was around 31% below the average January 2015 detached price in the Fenland local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

18 WAKE ROAD Sold Prices

Land registry data shows two sales for 18 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 18 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
2015 16 JAN	£135,000	£196,080	31% below HPI
1999 6 APR	£59,950	£68,704	13% below HPI

18 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 18 WAKE ROAD sales from April 1999 and January 2015 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 April 1999 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2015 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 18 WAKE ROAD?

18 WAKE ROAD is 58m² according to the EPC inspection conducted in September 2014. 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 18 WAKE ROAD lies on this distribution: 4% of detached houses are smaller than 18 WAKE ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in March.

18 WAKE ROAD: Plot and Title Map

18 WAKE ROAD sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 18 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 18 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 18 WAKE ROAD?

18 WAKE ROAD is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 18 on WAKE ROAD.