31, FAIRFAX WAY, MARCH, PE15 9HP - £440,000

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.

31 FAIRFAX WAY is a very large extended detached house of 332m², built sometime between 1983 and 1990, which could now be worth an estimated £434,179. It was last sold for £440,000 in October 2023, which was around 38% above the average October 2023 detached price in the Fenland local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was C.

31 FAIRFAX WAY Sold Prices

Land registry data shows two sales for 31 FAIRFAX WAY 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 31 FAIRFAX WAY 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
2023 27 OCT	£440,000	£318,995	38% above HPI
2011 3 NOV	£323,000	£174,193	85% above HPI

31 FAIRFAX 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 two 31 FAIRFAX WAY sales from November 2011 and October 2023 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 2011 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the October 2023 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 31 FAIRFAX WAY be worth now?

31 FAIRFAX WAY might now be worth an estimated £434,179.

This is based on house price deflation of 1.3%, between October 2023 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 1.3% deflationary decrease is applied to the most recent sale price for 31 FAIRFAX WAY of £440,000 on 27th October 2023. For the value to have decreased from £440,000 to £434,179 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 31 FAIRFAX WAY has moved in line with the HPI for detached houses in the Fenland local authority area.
• The October 2023 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 31 FAIRFAX WAY has not materially changed since October 2023.

How Large is 31 FAIRFAX WAY?

31 FAIRFAX WAY is 332m², which includes one extension, according to the EPC inspection conducted in May 2023. 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 31 FAIRFAX WAY lies on this distribution: More than 99% of detached houses houses are smaller than 31 FAIRFAX WAY, and less than 1% of houses are larger. Note that EPC data is not available for all properties in March.

31 FAIRFAX WAY: Plot and Title Map

31 FAIRFAX WAY sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of 31 FAIRFAX 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 31 FAIRFAX 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 31 FAIRFAX WAY?

31 FAIRFAX WAY is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 31 on FAIRFAX WAY.