3, LANDAU WAY, MARCH, PE15 8YB - £240,000

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

3 LANDAU WAY is a very small detached house of 61m², built sometime between 1991 and 1995. It was last sold for £240,000 in June 2022, which was around 23% below the average June 2022 detached price in the Fenland local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

3 LANDAU WAY Sold Prices

Land registry data shows two sales for 3 LANDAU 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. Both of the two 3 LANDAU WAY 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
2022 10 JUN	£240,000	£309,716	23% below HPI
2002 27 JUL	£72,950	£116,890	38% below HPI

3 LANDAU 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 3 LANDAU WAY sales from July 2002 and June 2022 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 2002 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 3 LANDAU WAY?

3 LANDAU WAY is 61m² according to the EPC inspection conducted in April 2022. 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 3 LANDAU WAY lies on this distribution: 9% of detached houses are smaller than 3 LANDAU WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in March.

3 LANDAU WAY: Plot and Title Map

3 LANDAU WAY sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 3 LANDAU 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 3 LANDAU 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 3 LANDAU WAY?

3 LANDAU WAY is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 3 on LANDAU WAY.