9, GRESLEY WAY, MARCH, PE15 8QA - £207,000

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

9 GRESLEY WAY is a small detached house of 83m², built sometime between 1976 and 1982. It was last sold for £207,000 in November 2018, which was around 19% below the average November 2018 detached price in the Fenland local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

9 GRESLEY WAY Sold Prices

Land registry data shows four sales for 9 GRESLEY WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the four 9 GRESLEY WAY 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
2018 9 NOV	£207,000	£254,261	19% below HPI
2008 25 JUL	£187,000	£190,918	2% below HPI
2005 1 AUG	£177,500	£180,015	1% below HPI
1997 29 AUG	£57,500	£59,671	4% below HPI

9 GRESLEY 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 four 9 GRESLEY WAY sales between August 1997 and November 2018 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 July 2008 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2018 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 9 GRESLEY WAY?

9 GRESLEY WAY is 83m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 40% of detached houses in March, based on EPC data. The below chart shows the distribution of detached houses by size in March, and where 9 GRESLEY WAY lies on this distribution: 32% of detached houses are smaller than 9 GRESLEY WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in March.

9 GRESLEY WAY: Plot and Title Map

9 GRESLEY WAY sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of 9 GRESLEY 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 9 GRESLEY 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 9 GRESLEY WAY?

9 GRESLEY WAY is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 9 on GRESLEY WAY.