5, KELSEY WAY, MARCH, PE15 9NW - £212,000

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.

5 KELSEY WAY is a small detached house of 80m², built sometime between 1996 and 2002, which could now be worth an estimated £281,855. It was last sold for £212,000 in February 2017, which was around 10% below the average February 2017 detached price in the Fenland local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was D.

5 KELSEY WAY Sold Prices

Land registry data shows three sales for 5 KELSEY 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. All of the three 5 KELSEY WAY sales were 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
2017 15 FEB	£212,000	£236,761	10% below HPI
2006 18 APR	£177,500	£182,561	3% below HPI
2005 27 APR	£161,000	£177,627	9% below HPI

5 KELSEY 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 5 KELSEY WAY sales between April 2005 and February 2017 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 April 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2017 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 5 KELSEY WAY be worth now?

5 KELSEY WAY might now be worth an estimated £281,855.

This is based on house price inflation of 33%, between February 2017 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 33% inflationary increase is applied to the most recent sale price for 5 KELSEY WAY of £212,000 on 15th February 2017. For the value to have increased from £212,000 to £281,855 over the eight years to February 2025, the following assumptions must hold true:

• The value of 5 KELSEY WAY has moved in line with the HPI for detached houses in the Fenland local authority area.
• The February 2017 sale price of £212,000 represented a fair market value for the property.
• The size, condition, and specification of 5 KELSEY WAY has not materially changed since February 2017.

How Large is 5 KELSEY WAY?

5 KELSEY WAY is 80m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 30% 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 5 KELSEY WAY lies on this distribution: 29% of detached houses houses are smaller than 5 KELSEY WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in March.

5 KELSEY WAY: Plot and Title Map

5 KELSEY WAY sits on a plot of roughly 0.159 of an acre, or 645m². The below map shows the location of 5 KELSEY 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 5 KELSEY 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 5 KELSEY WAY?

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