8, CHERRYWOOD GREEN, MARCH, PE15 9SR - £195,000

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.

8 CHERRYWOOD GREEN is a large extended detached house of 132m², built sometime between 1983 and 1990, which could now be worth an estimated £352,374. It was last sold for £195,000 in November 2011, which was around 12% above the average November 2011 detached price in the Fenland local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

8 CHERRYWOOD GREEN Sold Prices

Land registry data shows two sales for 8 CHERRYWOOD GREEN 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 8 CHERRYWOOD GREEN 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
2011 4 NOV	£195,000	£174,193	12% above HPI
1997 20 JAN	£64,000	£56,074	14% above HPI

8 CHERRYWOOD GREEN 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 8 CHERRYWOOD GREEN sales from January 1997 and November 2011 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 January 1997 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the November 2011 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 8 CHERRYWOOD GREEN be worth now?

8 CHERRYWOOD GREEN might now be worth an estimated £352,374.

This is based on house price inflation of 80.7%, between November 2011 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 80.7% inflationary increase is applied to the most recent sale price for 8 CHERRYWOOD GREEN of £195,000 on 4th November 2011. For the value to have increased from £195,000 to £352,374 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 CHERRYWOOD GREEN has moved in line with the HPI for detached houses in the Fenland local authority area.
• The November 2011 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHERRYWOOD GREEN has not materially changed since November 2011.

How Large is 8 CHERRYWOOD GREEN?

8 CHERRYWOOD GREEN is 132m², which includes one extension, according to the EPC inspection conducted in July 2011. 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 8 CHERRYWOOD GREEN lies on this distribution: 77% of detached houses houses are smaller than 8 CHERRYWOOD GREEN, and 23% of houses are larger. Note that EPC data is not available for all properties in March.

8 CHERRYWOOD GREEN: Plot and Title Map

8 CHERRYWOOD GREEN sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 8 CHERRYWOOD GREEN, 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 8 CHERRYWOOD GREEN). 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 8 CHERRYWOOD GREEN?

8 CHERRYWOOD GREEN is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 8 on CHERRYWOOD GREEN.