8, ORWELL DRIVE, MARCH, PE15 8DZ - £193,000

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 ORWELL DRIVE is a midsized extended detached house of 92m², built sometime between 1976 and 1982, which could now be worth an estimated £313,451. It was last sold for £193,000 in August 2014, which was about the average August 2014 detached price in the Fenland local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

8 ORWELL DRIVE Sold Prices

Land registry data shows two sales for 8 ORWELL 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. One of the two 8 ORWELL DRIVE sales was roughly equal to the average price, whilst the other was 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
2014 1 AUG	£193,000	£193,815	Close to HPI
2000 27 NOV	£89,000	£94,750	6% below HPI

8 ORWELL 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 8 ORWELL DRIVE sales from November 2000 and August 2014 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 2000 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2014 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 8 ORWELL DRIVE be worth now?

8 ORWELL DRIVE might now be worth an estimated £313,451.

This is based on house price inflation of 62.4%, between August 2014 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 62.4% inflationary increase is applied to the most recent sale price for 8 ORWELL DRIVE of £193,000 on 1st August 2014. For the value to have increased from £193,000 to £313,451 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 8 ORWELL DRIVE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The August 2014 sale price of £193,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ORWELL DRIVE has not materially changed since August 2014.

How Large is 8 ORWELL DRIVE?

8 ORWELL DRIVE is 92m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 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 8 ORWELL DRIVE lies on this distribution: 42% of detached houses houses are smaller than 8 ORWELL DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in March.

8 ORWELL DRIVE: Plot and Title Map

8 ORWELL DRIVE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 8 ORWELL 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 8 ORWELL 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 8 ORWELL DRIVE?

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