7, WAKE ROAD, MARCH, PE15 8UL - £164,400

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 WAKE ROAD is a very small detached house of 57m², built sometime between 1996 and 2002, which could now be worth an estimated £248,624. It was last sold for £164,400 in June 2015, which was around 21% below the average June 2015 detached price in the Fenland local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

7 WAKE ROAD Sold Prices

Land registry data shows three sales for 7 WAKE ROAD 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 WAKE ROAD 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
2015 8 JUN	£164,400	£208,142	21% below HPI
2005 9 MAY	£159,995	£179,749	11% below HPI
1998 30 SEP	£59,950	£70,178	15% below HPI

7 WAKE ROAD 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 WAKE ROAD sales between September 1998 and June 2015 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 2005 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2015 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 7 WAKE ROAD be worth now?

7 WAKE ROAD might now be worth an estimated £248,624.

This is based on house price inflation of 51.2%, between June 2015 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 51.2% inflationary increase is applied to the most recent sale price for 7 WAKE ROAD of £164,400 on 8th June 2015. For the value to have increased from £164,400 to £248,624 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 7 WAKE ROAD has moved in line with the HPI for detached houses in the Fenland local authority area.
• The June 2015 sale price of £164,400 represented a fair market value for the property.
• The size, condition, and specification of 7 WAKE ROAD has not materially changed since June 2015.

How Large is 7 WAKE ROAD?

7 WAKE ROAD is 57m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% 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 WAKE ROAD lies on this distribution: 3% of detached houses houses are smaller than 7 WAKE ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in March.

7 WAKE ROAD: Plot and Title Map

7 WAKE ROAD sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 7 WAKE ROAD, 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 WAKE ROAD). 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 WAKE ROAD?

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