8, THE SHIRES, MARCH, PE15 9HH - £350,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

8 THE SHIRES is a midsized detached house of 103m², built sometime between 1976 and 1982. It was last sold for £350,000 in August 2022, which was around 10% above the average August 2022 detached price in the Fenland local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

8 THE SHIRES Sold Prices

Land registry data shows three sales for 8 THE SHIRES 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. Two of the three 8 THE SHIRES sales were for above the average price, whilst one 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
2022 22 AUG	£350,000	£317,633	10% above HPI
2018 10 DEC	£260,000	£255,598	2% above HPI
2007 29 JUN	£170,000	£190,244	11% below HPI

8 THE SHIRES 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 THE SHIRES sales between June 2007 and August 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 December 2018 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2022 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 8 THE SHIRES?

8 THE SHIRES is 103m² according to the EPC inspection conducted in April 2022. This puts it in the largest 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 THE SHIRES lies on this distribution: 55% of detached houses are smaller than 8 THE SHIRES, and 44% of houses are larger. Note that EPC data is not available for all properties in March.

8 THE SHIRES: Plot and Title Map

8 THE SHIRES sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 8 THE SHIRES, 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 THE SHIRES). 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 THE SHIRES?

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