3, ROMAN WAY, MARCH, PE15 8TY - £164,000

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 ROMAN WAY is a small detached house of 72m², built sometime between 1991 and 1995. It was last sold for £164,000 in October 2014, which was around 13% below the average October 2014 detached price in the Fenland local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

3 ROMAN WAY Sold Prices

Land registry data shows three sales for 3 ROMAN WAY 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 ROMAN 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
2014 14 OCT	£164,000	£189,399	13% below HPI
2012 1 NOV	£145,000	£166,009	13% below HPI
2002 26 APR	£97,000	£111,676	13% below HPI

3 ROMAN 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 three 3 ROMAN WAY sales between April 2002 and October 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 November 2012 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2014 sale, which was also at 13% below the HPI.

How Large is 3 ROMAN WAY?

3 ROMAN WAY is 72m² according to the EPC inspection conducted in May 2024. 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 ROMAN WAY lies on this distribution: 20% of detached houses are smaller than 3 ROMAN WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in March.

3 ROMAN WAY: Plot and Title Map

3 ROMAN WAY sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 3 ROMAN 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 ROMAN 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 ROMAN WAY?

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