3, THE SHIRES, MARCH, PE15 9HH - £230,000

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 THE SHIRES is a small semi-detached house of 88m², built sometime between 1976 and 1982, which could now be worth an estimated £284,787. It was last sold for £230,000 in April 2020, which was around 37% above the average April 2020 semi-detached price in the Fenland local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

3 THE SHIRES Sold Prices

Land registry data shows two sales for 3 THE SHIRES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Fenland local authority area for the corresponding sale date. Both of the two 3 THE SHIRES 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
2020 14 APR	£230,000	£168,137	37% above HPI
2018 24 APR	£185,000	£163,760	13% above HPI

3 THE SHIRES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Fenland local authority area over time, sourced from the HPI. The two 3 THE SHIRES sales from April 2018 and April 2020 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 April 2018 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the April 2020 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 3 THE SHIRES be worth now?

3 THE SHIRES might now be worth an estimated £284,787.

This is based on house price inflation of 23.8%, between April 2020 and February 2025, for semi-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 23.8% inflationary increase is applied to the most recent sale price for 3 THE SHIRES of £230,000 on 14th April 2020. For the value to have increased from £230,000 to £284,787 over the five years and two months to February 2025, the following assumptions must hold true:

• The value of 3 THE SHIRES has moved in line with the HPI for semi-detached houses in the Fenland local authority area.
• The April 2020 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE SHIRES has not materially changed since April 2020.

How Large is 3 THE SHIRES?

3 THE SHIRES is 88m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 40% of semi-detached houses houses in March, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in March, and where 3 THE SHIRES lies on this distribution: 37% of semi-detached houses houses are smaller than 3 THE SHIRES, and 62% of houses are larger. Note that EPC data is not available for all properties in March.

3 THE SHIRES: Plot and Title Map

3 THE SHIRES sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 3 THE SHIRES, 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 THE SHIRES). 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 THE SHIRES?

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