7, SUMMER GARDENS, MARCH, PE15 8FA - £315,000

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.

7 SUMMER GARDENS is a midsized detached house of 101m², built sometime between 2003 and 2006, which could now be worth an estimated £356,818. It was last sold for £315,000 in June 2021, which was around 13% above the average June 2021 detached price in the Fenland local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

7 SUMMER GARDENS Sold Prices

Land registry data shows three sales for 7 SUMMER GARDENS 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 7 SUMMER GARDENS 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 18 JUN	£315,000	£277,884	13% above HPI
2016 26 FEB	£225,000	£221,249	2% above HPI
2006 18 OCT	£210,000	£185,406	13% above HPI

7 SUMMER GARDENS 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 7 SUMMER GARDENS sales between October 2006 and June 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 2016 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2021 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 7 SUMMER GARDENS be worth now?

7 SUMMER GARDENS might now be worth an estimated £356,818.

This is based on house price inflation of 13.3%, between June 2021 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 13.3% inflationary increase is applied to the most recent sale price for 7 SUMMER GARDENS of £315,000 on 18th June 2021. For the value to have increased from £315,000 to £356,818 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 7 SUMMER GARDENS has moved in line with the HPI for detached houses in the Fenland local authority area.
• The June 2021 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SUMMER GARDENS has not materially changed since June 2021.

How Large is 7 SUMMER GARDENS?

7 SUMMER GARDENS is 101m² according to the EPC inspection conducted in September 2020. 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 7 SUMMER GARDENS lies on this distribution: 52% of detached houses houses are smaller than 7 SUMMER GARDENS, and 46% of houses are larger. Note that EPC data is not available for all properties in March.

7 SUMMER GARDENS: Plot and Title Map

7 SUMMER GARDENS sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 7 SUMMER GARDENS, 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 7 SUMMER GARDENS). 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 7 SUMMER GARDENS?

7 SUMMER GARDENS is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 7 on SUMMER GARDENS.