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
8A ACRE ROAD is a small detached house of 78m². It was last sold for £295,000 in July 2022, which was around 6% below the average July 2022 detached price in the Fenland local authority area. The most recent EPC inspection was September 2018, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows three sales for 8A ACRE ROAD since 1st 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. All of the three 8A ACRE ROAD 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 |
---|---|---|---|
2022 29 JUL | £295,000 | £314,850 | 6% below HPI |
2019 25 APR | £242,500 | £251,835 | 4% below HPI |
2017 29 SEP | £35,000 | £241,304 | 85% below HPI |
The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The three 8A ACRE ROAD sales between September 2017 and July 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 April 2019 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2022 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.
8A ACRE ROAD is 78m² according to the EPC inspection conducted in September 2018. 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 8A ACRE ROAD lies on this distribution: 26% of detached houses are smaller than 8A ACRE ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in March.
8A ACRE ROAD sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 8A ACRE ROAD, 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 8A ACRE ROAD). 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.
8A ACRE ROAD is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 8A on ACRE ROAD.