5, BURN STREET, MARCH, PE15 8LU - £320,000

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

5 BURN STREET is a midsized extended detached house of 103m², built sometime between 1930 and 1949. It was last sold for £320,000 in March 2023, which was around 1% above the average March 2023 detached price in the Fenland local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was C.

5 BURN STREET Sold Prices

Land registry data shows two sales for 5 BURN STREET 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. One of the two 5 BURN STREET sales was for above the average price, whilst the other was for below 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 17 MAR	£320,000	£317,772	1% above HPI
2017 19 MAY	£220,000	£235,661	7% below HPI

5 BURN STREET 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 5 BURN STREET sales from May 2017 and March 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 May 2017 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2023 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 5 BURN STREET?

5 BURN STREET is 103m², which includes one extension, according to the EPC inspection conducted in March 2017. 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 5 BURN STREET lies on this distribution: 55% of detached houses are smaller than 5 BURN STREET, and 44% of houses are larger. Note that EPC data is not available for all properties in March.

5 BURN STREET: Plot and Title Map

5 BURN STREET sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 5 BURN STREET, 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 5 BURN STREET). 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 5 BURN STREET?

5 BURN STREET is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 5 on BURN STREET.