2, NEWLANDS AVENUE, MARCH, PE15 8NL - £295,000

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 NEWLANDS AVENUE is a large extended detached house of 138m², built sometime between 1900 and 1929, which could now be worth an estimated £345,206. It was last sold for £295,000 in November 2019, which was around 13% above the average November 2019 detached price in the Fenland local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

2 NEWLANDS AVENUE Sold Prices

Land registry data shows two sales for 2 NEWLANDS AVENUE 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 2 NEWLANDS AVENUE 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
2019 15 NOV	£295,000	£260,889	13% above HPI
2017 29 SEP	£275,000	£247,058	11% above HPI

2 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 two 2 NEWLANDS AVENUE sales from September 2017 and November 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 September 2017 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the November 2019 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 2 NEWLANDS AVENUE be worth now?

2 NEWLANDS AVENUE might now be worth an estimated £345,206.

This is based on house price inflation of 17%, between November 2019 and July 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 17% inflationary increase is applied to the most recent sale price for 2 NEWLANDS AVENUE of £295,000 on 15th November 2019. For the value to have increased from £295,000 to £345,206 over the six years and four months to July 2025, the following assumptions must hold true:

• The value of 2 NEWLANDS AVENUE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The November 2019 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NEWLANDS AVENUE has not materially changed since November 2019.

How Large is 2 NEWLANDS AVENUE?

2 NEWLANDS AVENUE is 138m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the largest 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 NEWLANDS AVENUE lies on this distribution: 80% of detached houses houses are smaller than 2 NEWLANDS AVENUE, and 20% of houses are larger. Note that EPC data is not available for all properties in March.

2 NEWLANDS AVENUE: Plot and Title Map

2 NEWLANDS AVENUE sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 2 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 2 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 2 NEWLANDS AVENUE?

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