22, WAKE ROAD, MARCH, PE15 8UL - £177,500

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

22 WAKE ROAD is a very small detached house of 54m², built sometime between 1991 and 1995. It was last sold for £177,500 in June 2015, which was around 13% below the average June 2015 detached price in the Fenland local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

22 WAKE ROAD Sold Prices

Land registry data shows four sales for 22 WAKE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the four 22 WAKE ROAD 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
2015 23 JUN	£177,500	£203,294	13% below HPI
2003 28 OCT	£137,500	£149,722	8% below HPI
2001 18 JUL	£91,995	£95,191	3% below HPI
1999 19 FEB	£59,950	£68,964	13% below HPI

22 WAKE ROAD 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 four 22 WAKE ROAD sales between February 1999 and June 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 October 2003 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2015 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 22 WAKE ROAD?

22 WAKE ROAD is 54m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of detached houses in March, based on EPC data. The below chart shows the distribution of detached houses by size in March, and where 22 WAKE ROAD lies on this distribution: 1% of detached houses are smaller than 22 WAKE ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in March.

22 WAKE ROAD: Plot and Title Map

22 WAKE ROAD sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 22 WAKE ROAD, 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 22 WAKE ROAD). 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 22 WAKE ROAD?

22 WAKE ROAD is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 22 on WAKE ROAD.