40, THE SHIRES, MARCH, PE15 9HH - £282,500

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 THE SHIRES is a midsized semi-detached house of 98m², built sometime between 1983 and 1990. It was last sold for £282,500 in March 2021, which was around 7% above the average March 2021 detached price in the Fenland local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

40 THE SHIRES Sold Prices

Land registry data shows three sales for 40 THE SHIRES 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 40 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
2021 9 MAR	£282,500	£263,787	7% above HPI
2013 1 FEB	£166,000	£165,095	1% above HPI
1998 8 APR	£75,000	£63,198	19% above HPI

40 THE SHIRES 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 THE SHIRES sales between April 1998 and March 2021 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 2013 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2021 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 40 THE SHIRES?

40 THE SHIRES is 98m² according to the EPC inspection conducted in October 2012. 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 THE SHIRES lies on this distribution: 49% of detached houses are smaller than 40 THE SHIRES, and 50% of houses are larger. Note that EPC data is not available for all properties in March.

40 THE SHIRES: Plot and Title Map

40 THE SHIRES sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of 40 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 40 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 40 THE SHIRES?

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