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

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.

40 THE SHIRES is a midsized semi-detached house of 98m², built sometime between 1983 and 1990, which could now be worth an estimated £335,219. It was last sold for £282,500 in March 2021, which was around 61% above the average March 2021 semi-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 semi-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	£175,447	61% above HPI
2013 1 FEB	£166,000	£109,709	51% above HPI
1998 8 APR	£75,000	£39,944	88% above HPI

40 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 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 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the March 2021 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might 40 THE SHIRES be worth now?

40 THE SHIRES might now be worth an estimated £335,219.

This is based on house price inflation of 18.7%, between March 2021 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 18.7% inflationary increase is applied to the most recent sale price for 40 THE SHIRES of £282,500 on 9th March 2021. For the value to have increased from £282,500 to £335,219 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 40 THE SHIRES has moved in line with the HPI for semi-detached houses in the Fenland local authority area.
• The March 2021 sale price of £282,500 represented a fair market value for the property.
• The size, condition, and specification of 40 THE SHIRES has not materially changed since March 2021.

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 smallest 50% 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 40 THE SHIRES lies on this distribution: 49% of semi-detached houses 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.