2, ROMAN WAY, MARCH, PE15 8TY - £235,000

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.

2 ROMAN WAY is a very small semi-detached house of 68m², built sometime between 1996 and 2002, which could now be worth an estimated £236,280. It was last sold for £235,000 in October 2023, which was around 13% above the average October 2023 semi-detached price in the Fenland local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

2 ROMAN WAY Sold Prices

Land registry data shows three sales for 2 ROMAN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Fenland local authority area for the corresponding sale date. All of the three 2 ROMAN WAY sales were 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
2023 13 OCT	£235,000	£207,060	13% above HPI
2020 22 MAY	£183,000	£169,597	8% above HPI
2000 7 JUL	£60,000	£50,788	18% above HPI

2 ROMAN WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Fenland local authority area over time, sourced from the HPI. The three 2 ROMAN WAY sales between July 2000 and October 2023 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 May 2020 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2023 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 2 ROMAN WAY be worth now?

2 ROMAN WAY might now be worth an estimated £236,280.

This is based on house price inflation of 0.5%, between October 2023 and February 2025, for semi-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 0.5% inflationary increase is applied to the most recent sale price for 2 ROMAN WAY of £235,000 on 13th October 2023. For the value to have increased from £235,000 to £236,280 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 ROMAN WAY has moved in line with the HPI for semi-detached houses in the Fenland local authority area.
• The October 2023 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ROMAN WAY has not materially changed since October 2023.

How Large is 2 ROMAN WAY?

2 ROMAN WAY is 68m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 20% of semi-detached houses houses in March, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in March, and where 2 ROMAN WAY lies on this distribution: 17% of semi-detached houses houses are smaller than 2 ROMAN WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in March.

2 ROMAN WAY: Plot and Title Map

2 ROMAN WAY sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 2 ROMAN 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 2 ROMAN 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 2 ROMAN WAY?

2 ROMAN WAY is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 2 on ROMAN WAY.