8, PERCHERON DRIVE, MARCH, PE15 9EH - £240,000

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 PERCHERON DRIVE is a small extended detached house of 81m², built sometime between 1976 and 1982. It was last sold for £240,000 in June 2023, which was around 21% below the average June 2023 detached price in the Fenland local authority area. The most recent EPC inspection was July 2022, where the current energy rating was B, and the potential energy rating was A.

8 PERCHERON DRIVE Sold Prices

Land registry data shows two sales for 8 PERCHERON 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 PERCHERON DRIVE sales was for below the average price, whilst the other was 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
2023 23 JUN	£240,000	£302,204	21% below HPI
2000 23 FEB	£78,500	£75,385	4% above HPI

8 PERCHERON 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 PERCHERON DRIVE sales from February 2000 and June 2023 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 February 2000 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2023 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 8 PERCHERON DRIVE?

8 PERCHERON DRIVE is 81m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 30% 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 PERCHERON DRIVE lies on this distribution: 30% of detached houses are smaller than 8 PERCHERON DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in March.

8 PERCHERON DRIVE: Plot and Title Map

8 PERCHERON DRIVE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 8 PERCHERON 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 PERCHERON 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 PERCHERON DRIVE?

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