2, THE SHIRES, MARCH, PE15 9HH - £148,000

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 THE SHIRES is a very small semi-detached house of 65m², built sometime between 1983 and 1990, which could now be worth an estimated £266,741. It was last sold for £148,000 in August 2010, which was around 28% above the average August 2010 semi-detached price in the Fenland local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

2 THE SHIRES Sold Prices

Land registry data shows two sales for 2 THE SHIRES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Fenland local authority area for the corresponding sale date. Both of the two 2 THE SHIRES 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
2010 6 AUG	£148,000	£115,512	28% above HPI
2003 23 JUN	£118,000	£94,206	25% above HPI

2 THE SHIRES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Fenland local authority area over time, sourced from the HPI. The two 2 THE SHIRES sales from June 2003 and August 2010 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 2003 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the August 2010 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 2 THE SHIRES be worth now?

2 THE SHIRES might now be worth an estimated £266,741.

This is based on house price inflation of 80.2%, between August 2010 and February 2025, for semi-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 80.2% inflationary increase is applied to the most recent sale price for 2 THE SHIRES of £148,000 on 6th August 2010. For the value to have increased from £148,000 to £266,741 over the fifteen years and six months to February 2025, the following assumptions must hold true:

• The value of 2 THE SHIRES has moved in line with the HPI for semi-detached houses in the Fenland local authority area.
• The August 2010 sale price of £148,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE SHIRES has not materially changed since August 2010.

How Large is 2 THE SHIRES?

2 THE SHIRES is 65m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 20% of semi-detached houses houses in March, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in March, and where 2 THE SHIRES lies on this distribution: 14% of semi-detached houses houses are smaller than 2 THE SHIRES, and 86% of houses are larger. Note that EPC data is not available for all properties in March.

2 THE SHIRES: Plot and Title Map

2 THE SHIRES sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 2 THE SHIRES, 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 THE SHIRES). 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 THE SHIRES?

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