5, SHAW DRIVE, MARCH, PE15 9TB - £285,000

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 SHAW DRIVE is a large extended detached house of 124m², built sometime between 1950 and 1966, which could now be worth an estimated £278,296. It was last sold for £285,000 in July 2022, which was around 12% below the average July 2022 detached price in the Fenland local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

5 SHAW DRIVE Sold Prices

Land registry data shows two sales for 5 SHAW DRIVE 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. Both of the two 5 SHAW DRIVE 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
2022 18 JUL	£285,000	£322,358	12% below HPI
2000 7 JUL	£53,750	£83,469	36% below HPI

5 SHAW DRIVE 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 SHAW DRIVE sales from July 2000 and July 2022 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 July 2000 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 5 SHAW DRIVE be worth now?

5 SHAW DRIVE might now be worth an estimated £278,296.

This is based on house price deflation of 2.4%, between July 2022 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 2.4% deflationary decrease is applied to the most recent sale price for 5 SHAW DRIVE of £285,000 on 18th July 2022. For the value to have decreased from £285,000 to £278,296 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 5 SHAW DRIVE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The July 2022 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SHAW DRIVE has not materially changed since July 2022.

How Large is 5 SHAW DRIVE?

5 SHAW DRIVE is 124m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 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 SHAW DRIVE lies on this distribution: 72% of detached houses houses are smaller than 5 SHAW DRIVE, and 26% of houses are larger. Note that EPC data is not available for all properties in March.

5 SHAW DRIVE: Plot and Title Map

5 SHAW DRIVE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 5 SHAW DRIVE, 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 SHAW DRIVE). 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 SHAW DRIVE?

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