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

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

31 FAIRFAX WAY is a very large extended detached house of 332m², built sometime between 1983 and 1990. It was last sold for £440,000 in October 2023, which was around 41% 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	£311,985	41% above HPI
2011 3 NOV	£323,000	£170,136	90% 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 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the October 2023 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

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 in March, based on EPC data. The below chart shows the distribution of detached houses by size in March, and where 31 FAIRFAX WAY lies on this distribution: More than 99% of detached 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.