81, NEW PARK, MARCH, PE15 8RT - £164,000

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

81 NEW PARK is a large detached house of 120m², built sometime between 1983 and 1990. It was last sold for £164,000 in March 2007, which was around 13% below the average March 2007 detached price in the Fenland local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

81 NEW PARK Sold Prices

Land registry data shows two sales for 81 NEW PARK 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. Both of the two 81 NEW PARK sales were 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
2007 30 MAR	£164,000	£188,287	13% below HPI
2000 29 NOV	£59,950	£92,543	35% below HPI

81 NEW PARK 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 81 NEW PARK sales from November 2000 and March 2007 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 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2007 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 81 NEW PARK?

81 NEW PARK is 120m² according to the EPC inspection conducted in August 2022. This puts it in the largest 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 81 NEW PARK lies on this distribution: 70% of detached houses are smaller than 81 NEW PARK, and 30% of houses are larger. Note that EPC data is not available for all properties in March.

81 NEW PARK: Plot and Title Map

81 NEW PARK sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 81 NEW PARK, 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 81 NEW PARK). 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 81 NEW PARK?

81 NEW PARK is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 81 on NEW PARK.