3, NEWLANDS AVENUE, MARCH, PE15 8NL - £175,000

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 NEWLANDS AVENUE is a large extended detached house of 118m², built sometime between 1930 and 1949. It was last sold for £175,000 in January 2015, which was around 11% below the average January 2015 detached price in the Fenland local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.

3 NEWLANDS AVENUE Sold Prices

Land registry data shows three sales for 3 NEWLANDS AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the three 3 NEWLANDS AVENUE 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 30 JAN	£175,000	£196,080	11% below HPI
2011 29 JUL	£148,000	£168,360	12% below HPI
2007 11 MAY	£148,000	£192,038	23% below HPI

3 NEWLANDS AVENUE 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 three 3 NEWLANDS AVENUE sales between May 2007 and January 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 July 2011 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the January 2015 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 3 NEWLANDS AVENUE?

3 NEWLANDS AVENUE is 118m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the largest 40% 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 NEWLANDS AVENUE lies on this distribution: 68% of detached houses are smaller than 3 NEWLANDS AVENUE, and 32% of houses are larger. Note that EPC data is not available for all properties in March.

3 NEWLANDS AVENUE: Plot and Title Map

3 NEWLANDS AVENUE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 3 NEWLANDS AVENUE, 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 NEWLANDS AVENUE). 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 NEWLANDS AVENUE?

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