98, GROUNDS AVENUE, MARCH, PE15 9BA - £225,000

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

98 GROUNDS AVENUE is a midsized extended detached house of 100m², built sometime between 1967 and 1975. It was last sold for £225,000 in July 2022, which was around 29% below the average July 2022 detached price in the Fenland local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

98 GROUNDS AVENUE Sold Prices

Land registry data shows three sales for 98 GROUNDS AVENUE 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. All of the three 98 GROUNDS AVENUE 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	£225,000	£314,850	29% below HPI
2008 11 JAN	£160,000	£193,374	17% below HPI
2002 17 MAY	£87,500	£113,927	23% below HPI

98 GROUNDS AVENUE 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 98 GROUNDS AVENUE sales between May 2002 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 January 2008 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 98 GROUNDS AVENUE?

98 GROUNDS AVENUE is 100m², which includes one extension, according to the EPC inspection conducted in November 2021. 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 98 GROUNDS AVENUE lies on this distribution: 51% of detached houses are smaller than 98 GROUNDS AVENUE, and 48% of houses are larger. Note that EPC data is not available for all properties in March.

98 GROUNDS AVENUE: Plot and Title Map

98 GROUNDS AVENUE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 98 GROUNDS AVENUE, 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 98 GROUNDS AVENUE). 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 98 GROUNDS AVENUE?

98 GROUNDS AVENUE is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 98 on GROUNDS AVENUE.