3, RECTORY DRIVE, MARCH, PE15 9QR - £600,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 RECTORY DRIVE is a very large extended detached house of 342m², built sometime between 1967 and 1975, which could now be worth an estimated £763,202. It was last sold for £600,000 in August 2017, which was around 142% above the average August 2017 detached price in the Fenland local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

3 RECTORY DRIVE Sold Prices

Land registry data shows four sales for 3 RECTORY DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the four 3 RECTORY DRIVE sales were for above 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
2017 31 AUG	£600,000	£247,464	142% above HPI
2015 4 SEP	£450,000	£207,160	117% above HPI
2003 10 APR	£245,000	£144,284	70% above HPI
1999 3 SEP	£120,000	£76,174	58% above HPI

3 RECTORY 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 four 3 RECTORY DRIVE sales between September 1999 and August 2017 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 September 2015 sale was for 117% above the HPI. So the extrapolation line tracks at 117% above the HPI over time, until the August 2017 sale, where it rises to 142% above the HPI. The line then continues to track at 142% above the HPI.

What might 3 RECTORY DRIVE be worth now?

3 RECTORY DRIVE might now be worth an estimated £763,202.

This is based on house price inflation of 27.2%, between August 2017 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 27.2% inflationary increase is applied to the most recent sale price for 3 RECTORY DRIVE of £600,000 on 31st August 2017. For the value to have increased from £600,000 to £763,202 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 3 RECTORY DRIVE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The August 2017 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RECTORY DRIVE has not materially changed since August 2017.

How Large is 3 RECTORY DRIVE?

3 RECTORY DRIVE is 342m², which includes two extensions, according to the EPC inspection conducted in November 2014. This puts it in the largest 10% 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 3 RECTORY DRIVE lies on this distribution: More than 99% of detached houses houses are smaller than 3 RECTORY DRIVE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in March.

3 RECTORY DRIVE: Plot and Title Map

3 RECTORY DRIVE sits on a plot of roughly 0.370 of an acre, or 1,497m². The below map shows the location of 3 RECTORY 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 RECTORY 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 RECTORY DRIVE?

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