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

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.

21 FAIRFAX WAY is a small detached house of 78m², built sometime between 1996 and 2002, which could now be worth an estimated £239,885. It was last sold for £152,000 in February 2015, which was around 24% 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	£199,453	24% below HPI
1998 14 DEC	£72,000	£71,440	1% 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 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2015 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 21 FAIRFAX WAY be worth now?

21 FAIRFAX WAY might now be worth an estimated £239,885.

This is based on house price inflation of 57.8%, between February 2015 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 57.8% inflationary increase is applied to the most recent sale price for 21 FAIRFAX WAY of £152,000 on 26th February 2015. For the value to have increased from £152,000 to £239,885 over the ten years to February 2025, the following assumptions must hold true:

• The value of 21 FAIRFAX WAY has moved in line with the HPI for detached houses in the Fenland local authority area.
• The February 2015 sale price of £152,000 represented a fair market value for the property.
• The size, condition, and specification of 21 FAIRFAX WAY has not materially changed since February 2015.

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 houses in March, based on EPC data. The below chart shows the distribution of detached houses houses by size in March, and where 21 FAIRFAX WAY lies on this distribution: 26% of detached houses houses are smaller than 21 FAIRFAX WAY, and 74% 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.