43, FAIRFAX WAY, MARCH, PE15 9HP - £270,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

43 FAIRFAX WAY is a midsized detached house of 101m², built sometime between 1983 and 1990, which could now be worth an estimated £263,980. It was last sold for £270,000 in September 2023, which was around 16% below the average September 2023 detached price in the Fenland local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

43 FAIRFAX WAY Sold Prices

Land registry data shows three sales for 43 FAIRFAX 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. The three 43 FAIRFAX WAY sales were a mix of below the average price, roughly equal to the average price, and 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 15 SEP	£270,000	£321,953	16% below HPI
2014 18 JUN	£189,000	£189,580	Close to HPI
1997 9 MAY	£64,950	£60,050	8% above HPI

43 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 three 43 FAIRFAX WAY sales between May 1997 and September 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 June 2014 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 43 FAIRFAX WAY be worth now?

43 FAIRFAX WAY might now be worth an estimated £263,980.

This is based on house price deflation of 2.2%, between September 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 2.2% deflationary decrease is applied to the most recent sale price for 43 FAIRFAX WAY of £270,000 on 15th September 2023. For the value to have decreased from £270,000 to £263,980 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of 43 FAIRFAX WAY has moved in line with the HPI for detached houses in the Fenland local authority area.
• The September 2023 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 43 FAIRFAX WAY has not materially changed since September 2023.

How Large is 43 FAIRFAX WAY?

43 FAIRFAX WAY is 101m² according to the EPC inspection conducted in October 2013. This puts it in the largest 50% 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 43 FAIRFAX WAY lies on this distribution: 52% of detached houses houses are smaller than 43 FAIRFAX WAY, and 46% of houses are larger. Note that EPC data is not available for all properties in March.

43 FAIRFAX WAY: Plot and Title Map

43 FAIRFAX WAY sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 43 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 43 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 43 FAIRFAX WAY?

43 FAIRFAX WAY is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 43 on FAIRFAX WAY.