8, MUNDAY WAY, LEVERINGTON, WISBECH, PE13 5PP - £222,500

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 MUNDAY WAY is a very small detached house of 60m², built sometime between 2003 and 2006, which could now be worth an estimated £217,266. It was last sold for £222,500 in July 2022, which was around 31% 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 C, and the potential energy rating was B.

8 MUNDAY WAY Sold Prices

Land registry data shows two sales for 8 MUNDAY WAY 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 MUNDAY 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
2022 29 JUL	£222,500	£322,358	31% below HPI
2003 28 NOV	£109,000	£157,794	31% below HPI

8 MUNDAY 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 two 8 MUNDAY WAY sales from November 2003 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 November 2003 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2022 sale, which was also at 31% below the HPI.

What might 8 MUNDAY WAY be worth now?

8 MUNDAY WAY might now be worth an estimated £217,266.

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 8 MUNDAY WAY of £222,500 on 29th July 2022. For the value to have decreased from £222,500 to £217,266 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 8 MUNDAY WAY has moved in line with the HPI for detached houses in the Fenland local authority area.
• The July 2022 sale price of £222,500 represented a fair market value for the property.
• The size, condition, and specification of 8 MUNDAY WAY has not materially changed since July 2022.

How Large is 8 MUNDAY WAY?

8 MUNDAY WAY is 60m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of detached houses houses in Leverington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leverington, and where 8 MUNDAY WAY lies on this distribution: 5% of detached houses houses are smaller than 8 MUNDAY WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Leverington.

8 MUNDAY WAY: Plot and Title Map

8 MUNDAY WAY sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 8 MUNDAY 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 8 MUNDAY 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 8 MUNDAY WAY?

8 MUNDAY WAY is located in LEVERINGTON, in the PE13 postcode district. The below map shows the position of No. 8 on MUNDAY WAY.