24, GRESLEY WAY, MARCH, PE15 8QA - £183,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 GRESLEY WAY is a large detached house of 127m², which could now be worth an estimated £331,563. It was last sold for £183,000 in April 2010, which was around 5% above the average April 2010 detached price in the Fenland local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

24 GRESLEY WAY Sold Prices

Land registry data shows two sales for 24 GRESLEY 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 24 GRESLEY WAY sales was for above the average price, whilst the other was 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
2010 9 APR	£183,000	£173,734	5% above HPI
2005 22 JUL	£164,000	£184,590	11% below HPI

24 GRESLEY 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 24 GRESLEY WAY sales from July 2005 and April 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 July 2005 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2010 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 24 GRESLEY WAY be worth now?

24 GRESLEY WAY might now be worth an estimated £331,563.

This is based on house price inflation of 81.2%, between April 2010 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 81.2% inflationary increase is applied to the most recent sale price for 24 GRESLEY WAY of £183,000 on 9th April 2010. For the value to have increased from £183,000 to £331,563 over the fifteen years and two months to February 2025, the following assumptions must hold true:

• The value of 24 GRESLEY WAY has moved in line with the HPI for detached houses in the Fenland local authority area.
• The April 2010 sale price of £183,000 represented a fair market value for the property.
• The size, condition, and specification of 24 GRESLEY WAY has not materially changed since April 2010.

How Large is 24 GRESLEY WAY?

24 GRESLEY WAY is 127m² according to the EPC inspection conducted in October 2009. This puts it in the largest 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 24 GRESLEY WAY lies on this distribution: 75% of detached houses houses are smaller than 24 GRESLEY WAY, and 25% of houses are larger. Note that EPC data is not available for all properties in March.

24 GRESLEY WAY: Plot and Title Map

24 GRESLEY WAY sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 24 GRESLEY 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 24 GRESLEY 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 24 GRESLEY WAY?

24 GRESLEY WAY is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 24 on GRESLEY WAY.