122, STATION ROAD, MARCH, PE15 8NH - £142,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

122 STATION ROAD is a small extended terraced house of 87m², built sometime between 1900 and 1929, which could now be worth an estimated £183,020. It was last sold for £142,000 in June 2017, which was around 14% above the average June 2017 terraced price in the Fenland local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was B.

122 STATION ROAD Sold Prices

Land registry data shows three sales for 122 STATION ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Fenland local authority area for the corresponding sale date. Two of the three 122 STATION ROAD 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
2017 30 JUN	£142,000	£124,190	14% above HPI
2014 15 SEP	£99,000	£101,281	2% below HPI
1997 14 OCT	£33,500	£30,077	11% above HPI

122 STATION ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Fenland local authority area over time, sourced from the HPI. The three 122 STATION ROAD sales between October 1997 and June 2017 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 September 2014 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2017 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 122 STATION ROAD be worth now?

122 STATION ROAD might now be worth an estimated £183,020.

This is based on house price inflation of 28.9%, between June 2017 and June 2025, for terraced houses, in the Fenland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.9% inflationary increase is applied to the most recent sale price for 122 STATION ROAD of £142,000 on 30th June 2017. For the value to have increased from £142,000 to £183,020 over the eight years to June 2025, the following assumptions must hold true:

• The value of 122 STATION ROAD has moved in line with the HPI for terraced houses in the Fenland local authority area.
• The June 2017 sale price of £142,000 represented a fair market value for the property.
• The size, condition, and specification of 122 STATION ROAD has not materially changed since June 2017.

How Large is 122 STATION ROAD?

122 STATION ROAD is 87m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 40% of terraced houses houses in March, based on EPC data. The below chart shows the distribution of terraced houses houses by size in March, and where 122 STATION ROAD lies on this distribution: 36% of terraced houses houses are smaller than 122 STATION ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in March.

122 STATION ROAD: Plot and Title Map

122 STATION ROAD sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 122 STATION 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 122 STATION 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.

Where is 122 STATION ROAD?

122 STATION ROAD is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 122 on STATION ROAD.