17, MORLEY WAY, WIMBLINGTON, MARCH, PE15 0NR - £296,500

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 MORLEY WAY is a small detached house of 94m², built sometime between 2003 and 2006, which could now be worth an estimated £360,306. It was last sold for £296,500 in March 2019, which was around 16% above the average March 2019 detached price in the Fenland local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

17 MORLEY WAY Sold Prices

Land registry data shows two sales for 17 MORLEY 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 MORLEY WAY sales was for above the average price, whilst the other 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
2019 8 MAR	£296,500	£256,248	16% above HPI
2002 17 DEC	£134,000	£136,131	2% below HPI

17 MORLEY 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 MORLEY WAY sales from December 2002 and March 2019 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 December 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2019 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 17 MORLEY WAY be worth now?

17 MORLEY WAY might now be worth an estimated £360,306.

This is based on house price inflation of 21.5%, between March 2019 and June 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 21.5% inflationary increase is applied to the most recent sale price for 17 MORLEY WAY of £296,500 on 8th March 2019. For the value to have increased from £296,500 to £360,306 over the five years and nine months to June 2025, the following assumptions must hold true:

• The value of 17 MORLEY WAY has moved in line with the HPI for detached houses in the Fenland local authority area.
• The March 2019 sale price of £296,500 represented a fair market value for the property.
• The size, condition, and specification of 17 MORLEY WAY has not materially changed since March 2019.

How Large is 17 MORLEY WAY?

17 MORLEY WAY is 94m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 40% of detached houses houses in Wimblington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wimblington, and where 17 MORLEY WAY lies on this distribution: 33% of detached houses houses are smaller than 17 MORLEY WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Wimblington.

17 MORLEY WAY: Plot and Title Map

17 MORLEY WAY sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 17 MORLEY 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 MORLEY 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 MORLEY WAY?

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