2, STEVENS WAY, MARCH, PE15 8SL - £232,500

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

2 STEVENS WAY is a small detached house of 81m², built sometime between 1976 and 1982. It was last sold for £232,500 in December 2018, which was around 9% below the average December 2018 detached price in the Fenland local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

2 STEVENS WAY Sold Prices

Land registry data shows two sales for 2 STEVENS WAY 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 STEVENS WAY 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
2018 17 DEC	£232,500	£255,598	9% below HPI
2018 9 JUL	£143,750	£247,785	42% below HPI

2 STEVENS WAY 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 STEVENS WAY sales from July 2018 and December 2018 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 July 2018 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the December 2018 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 2 STEVENS WAY?

2 STEVENS WAY is 81m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 30% of detached houses in March, based on EPC data. The below chart shows the distribution of detached houses by size in March, and where 2 STEVENS WAY lies on this distribution: 30% of detached houses are smaller than 2 STEVENS WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in March.

2 STEVENS WAY: Plot and Title Map

2 STEVENS WAY sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 2 STEVENS 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 2 STEVENS 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 2 STEVENS WAY?

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