2, ORWELL DRIVE, MARCH, PE15 8DZ - £172,500

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.

2 ORWELL DRIVE is a small detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £316,845. It was last sold for £172,500 in December 2012, which was around 1% above the average December 2012 detached price in the Fenland local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

2 ORWELL DRIVE Sold Prices

Land registry data shows three sales for 2 ORWELL DRIVE 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. Two of the three 2 ORWELL DRIVE sales were for above the average price, whilst one was 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
2012 3 DEC	£172,500	£171,373	1% above HPI
2009 30 OCT	£150,000	£168,700	11% below HPI
2002 22 MAR	£114,000	£110,578	3% above HPI

2 ORWELL DRIVE 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 ORWELL DRIVE sales between March 2002 and December 2012 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 October 2009 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2012 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 2 ORWELL DRIVE be worth now?

2 ORWELL DRIVE might now be worth an estimated £316,845.

This is based on house price inflation of 83.7%, between December 2012 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 83.7% inflationary increase is applied to the most recent sale price for 2 ORWELL DRIVE of £172,500 on 3rd December 2012. For the value to have increased from £172,500 to £316,845 over the thirteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 ORWELL DRIVE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The December 2012 sale price of £172,500 represented a fair market value for the property.
• The size, condition, and specification of 2 ORWELL DRIVE has not materially changed since December 2012.

How Large is 2 ORWELL DRIVE?

2 ORWELL DRIVE is 90m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 40% 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 ORWELL DRIVE lies on this distribution: 39% of detached houses houses are smaller than 2 ORWELL DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in March.

2 ORWELL DRIVE: Plot and Title Map

2 ORWELL DRIVE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 2 ORWELL DRIVE, 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 ORWELL DRIVE). 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 ORWELL DRIVE?

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