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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 ORWELL DRIVE is a midsized extended detached house of 92m², built sometime between 1976 and 1982. It was last sold for £193,000 in August 2014, which was around 2% above 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 for above 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	£189,300	2% above HPI
2000 27 NOV	£89,000	£92,543	4% 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 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2014 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

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 in March, based on EPC data. The below chart shows the distribution of detached houses by size in March, and where 8 ORWELL DRIVE lies on this distribution: 42% of detached 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.