17, FAIRFAX WAY, MARCH, PE15 9HP - £298,000

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.

17 FAIRFAX WAY is a small detached house of 82m², built sometime between 1991 and 1995, which could now be worth an estimated £279,748. It was last sold for £298,000 in August 2022, which was around 8% below the average August 2022 detached price in the Fenland local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

17 FAIRFAX WAY Sold Prices

Land registry data shows two sales for 17 FAIRFAX WAY 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. One of the two 17 FAIRFAX WAY sales was for below the average price, whilst the other was for above 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 26 AUG	£298,000	£325,208	8% below HPI
2001 22 OCT	£108,000	£100,257	8% above HPI

17 FAIRFAX 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 two 17 FAIRFAX WAY sales from October 2001 and August 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 October 2001 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2022 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 17 FAIRFAX WAY be worth now?

17 FAIRFAX WAY might now be worth an estimated £279,748.

This is based on house price deflation of 6.1%, between August 2022 and July 2025, for detached 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 6.1% deflationary decrease is applied to the most recent sale price for 17 FAIRFAX WAY of £298,000 on 26th August 2022. For the value to have decreased from £298,000 to £279,748 over the three years and one month to July 2025, the following assumptions must hold true:

• The value of 17 FAIRFAX WAY has moved in line with the HPI for detached houses in the Fenland local authority area.
• The August 2022 sale price of £298,000 represented a fair market value for the property.
• The size, condition, and specification of 17 FAIRFAX WAY has not materially changed since August 2022.

How Large is 17 FAIRFAX WAY?

17 FAIRFAX WAY is 82m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 40% of detached houses houses in March, based on EPC data. The below chart shows the distribution of detached houses houses by size in March, and where 17 FAIRFAX WAY lies on this distribution: 30% of detached houses houses are smaller than 17 FAIRFAX WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in March.

17 FAIRFAX WAY: Plot and Title Map

17 FAIRFAX WAY sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 17 FAIRFAX 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 17 FAIRFAX 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 17 FAIRFAX WAY?

17 FAIRFAX WAY is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 17 on FAIRFAX WAY.