3, NURSERY DRIVE, MARCH, PE15 8EQ - £247,500

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

3 NURSERY DRIVE is a small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £247,500 in March 2019, which was around 1% below the average March 2019 detached price in the Fenland local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

3 NURSERY DRIVE Sold Prices

Land registry data shows two sales for 3 NURSERY DRIVE 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 NURSERY DRIVE 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
2019 22 MAR	£247,500	£250,279	1% below HPI
2011 9 DEC	£148,000	£169,671	13% below HPI

3 NURSERY DRIVE 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 NURSERY DRIVE sales from December 2011 and March 2019 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 December 2011 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2019 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 3 NURSERY DRIVE?

3 NURSERY DRIVE is 75m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 30% 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 NURSERY DRIVE lies on this distribution: 23% of detached houses are smaller than 3 NURSERY DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in March.

3 NURSERY DRIVE: Plot and Title Map

3 NURSERY DRIVE sits on a plot of roughly 0.155 of an acre, or 626m². The below map shows the location of 3 NURSERY DRIVE, 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 NURSERY DRIVE). 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 NURSERY DRIVE?

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