40, GRESLEY WAY, MARCH, PE15 8QA - £285,000

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

40 GRESLEY WAY is a midsized detached house of 105m², built sometime between 1983 and 1990. It was last sold for £285,000 in February 2024, which was around 3% below the average February 2024 detached price in the Fenland local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

40 GRESLEY WAY Sold Prices

Land registry data shows three sales for 40 GRESLEY 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. One of the three 40 GRESLEY WAY sales was for below the average price, whilst two 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
2024 13 FEB	£285,000	£294,009	3% below HPI
2014 12 FEB	£190,000	£178,136	7% above HPI
1999 22 JUL	£76,000	£70,853	7% above HPI

40 GRESLEY 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 40 GRESLEY WAY sales between July 1999 and February 2024 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 February 2014 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2024 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 40 GRESLEY WAY?

40 GRESLEY WAY is 105m² according to the EPC inspection conducted in January 2024. This puts it in the largest 50% of detached houses in March, based on EPC data. The below chart shows the distribution of detached houses by size in March, and where 40 GRESLEY WAY lies on this distribution: 57% of detached houses are smaller than 40 GRESLEY WAY, and 42% of houses are larger. Note that EPC data is not available for all properties in March.

40 GRESLEY WAY: Plot and Title Map

40 GRESLEY WAY sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 40 GRESLEY 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 40 GRESLEY 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 40 GRESLEY WAY?

40 GRESLEY WAY is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 40 on GRESLEY WAY.