3, NEW PARK, MARCH, PE15 8RT - £154,950

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 NEW PARK is a very small detached house of 63m², built sometime between 2003 and 2006. It was last sold for £154,950 in August 2014, which was around 18% below the average August 2014 detached price in the Fenland local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

3 NEW PARK Sold Prices

Land registry data shows two sales for 3 NEW PARK 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 NEW PARK 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
2014 22 AUG	£154,950	£189,300	18% below HPI
2012 6 JUL	£119,500	£172,186	31% below HPI

3 NEW PARK 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 NEW PARK sales from July 2012 and August 2014 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 2012 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2014 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 3 NEW PARK?

3 NEW PARK is 63m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% 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 NEW PARK lies on this distribution: 12% of detached houses are smaller than 3 NEW PARK, and 88% of houses are larger. Note that EPC data is not available for all properties in March.

3 NEW PARK: Plot and Title Map

3 NEW PARK sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 3 NEW PARK, 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 NEW PARK). 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 NEW PARK?

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