2, MEADOWLANDS, MARCH, PE15 8HA - £120,000

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.

2 MEADOWLANDS is a very small detached house of 65m², built sometime between 1967 and 1975, which could now be worth an estimated £155,420. It was last sold for £120,000 in June 2017, which was around 51% below the average June 2017 detached price in the Fenland local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was D.

2 MEADOWLANDS Sold Prices

Land registry data shows three sales for 2 MEADOWLANDS 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 2 MEADOWLANDS 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
2017 14 JUN	£120,000	£243,038	51% below HPI
2016 17 JUN	£100,000	£224,030	55% below HPI
2000 31 JAN	£27,000	£77,497	65% below HPI

2 MEADOWLANDS 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 2 MEADOWLANDS sales between January 2000 and June 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 June 2016 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the June 2017 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might 2 MEADOWLANDS be worth now?

2 MEADOWLANDS might now be worth an estimated £155,420.

This is based on house price inflation of 29.5%, between June 2017 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 29.5% inflationary increase is applied to the most recent sale price for 2 MEADOWLANDS of £120,000 on 14th June 2017. For the value to have increased from £120,000 to £155,420 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 2 MEADOWLANDS has moved in line with the HPI for detached houses in the Fenland local authority area.
• The June 2017 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MEADOWLANDS has not materially changed since June 2017.

How Large is 2 MEADOWLANDS?

2 MEADOWLANDS is 65m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% 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 2 MEADOWLANDS lies on this distribution: 14% of detached houses houses are smaller than 2 MEADOWLANDS, and 85% of houses are larger. Note that EPC data is not available for all properties in March.

2 MEADOWLANDS: Plot and Title Map

2 MEADOWLANDS sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 2 MEADOWLANDS, 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 2 MEADOWLANDS). 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 2 MEADOWLANDS?

2 MEADOWLANDS is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 2 on MEADOWLANDS.