8, SUFFOLK WAY, MARCH, PE15 9EZ - £265,000

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 SUFFOLK WAY is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £265,000 in May 2022, which was around 13% below the average May 2022 detached price in the Fenland local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

8 SUFFOLK WAY Sold Prices

Land registry data shows three sales for 8 SUFFOLK WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. The three 8 SUFFOLK WAY sales were a mix of below the average price, and roughly equal to 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 27 MAY	£265,000	£305,867	13% below HPI
2018 22 MAR	£218,000	£246,801	12% below HPI
2002 5 AUG	£118,500	£118,641	Close to HPI

8 SUFFOLK 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 three 8 SUFFOLK WAY sales between August 2002 and May 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 March 2018 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2022 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 8 SUFFOLK WAY?

8 SUFFOLK WAY is 70m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% 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 SUFFOLK WAY lies on this distribution: 18% of detached houses are smaller than 8 SUFFOLK WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in March.

8 SUFFOLK WAY: Plot and Title Map

8 SUFFOLK WAY sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 8 SUFFOLK 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 SUFFOLK 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 SUFFOLK WAY?

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