21, FAIRFAX WAY, MARCH, PE15 9HP - £152,000

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

21 FAIRFAX WAY is a small detached house of 78m², built sometime between 1996 and 2002. It was last sold for £152,000 in February 2015, which was around 22% below the average February 2015 detached price in the Fenland local authority area. The most recent EPC inspection was February 2024, where the current energy rating was B, and the potential energy rating was A.

21 FAIRFAX WAY Sold Prices

Land registry data shows two sales for 21 FAIRFAX 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. One of the two 21 FAIRFAX WAY sales was for below the average price, whilst the other was 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
2015 26 FEB	£152,000	£194,807	22% below HPI
1998 14 DEC	£72,000	£69,776	3% above HPI

21 FAIRFAX 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 21 FAIRFAX WAY sales from December 1998 and February 2015 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 December 1998 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2015 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 21 FAIRFAX WAY?

21 FAIRFAX WAY is 78m² according to the EPC inspection conducted in February 2024. 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 21 FAIRFAX WAY lies on this distribution: 26% of detached houses are smaller than 21 FAIRFAX WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in March.

21 FAIRFAX WAY: Plot and Title Map

21 FAIRFAX WAY sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 21 FAIRFAX 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 21 FAIRFAX 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 21 FAIRFAX WAY?

21 FAIRFAX WAY is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 21 on FAIRFAX WAY.