22, GRESLEY WAY, MARCH, PE15 8QA - £240,000

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.

22 GRESLEY WAY is a small detached house of 89m², built sometime between 1983 and 1990, which could now be worth an estimated £295,608. It was last sold for £240,000 in September 2019, which was around 5% below the average September 2019 detached price in the Fenland local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

22 GRESLEY WAY Sold Prices

Land registry data shows six sales for 22 GRESLEY WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. Most of the six 22 GRESLEY WAY 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
2019 24 SEP	£240,000	£251,606	5% below HPI
2014 31 MAR	£163,000	£181,900	10% below HPI
2013 6 DEC	£131,000	£181,018	28% below HPI
2003 20 JUN	£130,000	£152,605	15% below HPI
2001 18 MAY	£104,000	£94,610	10% above HPI
1997 12 DEC	£69,500	£63,074	10% above HPI

22 GRESLEY 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 six 22 GRESLEY WAY sales between December 1997 and September 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 March 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2019 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 22 GRESLEY WAY be worth now?

22 GRESLEY WAY might now be worth an estimated £295,608.

This is based on house price inflation of 23.2%, between September 2019 and April 2026, 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 23.2% inflationary increase is applied to the most recent sale price for 22 GRESLEY WAY of £240,000 on 24th September 2019. For the value to have increased from £240,000 to £295,608 over the seven years and five months to April 2026, the following assumptions must hold true:

• The value of 22 GRESLEY WAY has moved in line with the HPI for detached houses in the Fenland local authority area.
• The September 2019 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 22 GRESLEY WAY has not materially changed since September 2019.

How Large is 22 GRESLEY WAY?

22 GRESLEY WAY is 89m² according to the EPC inspection conducted in June 2024. 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 22 GRESLEY WAY lies on this distribution: 38% of detached houses houses are smaller than 22 GRESLEY WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in March.

22 GRESLEY WAY: Plot and Title Map

22 GRESLEY WAY sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 22 GRESLEY 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 22 GRESLEY 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 22 GRESLEY WAY?

22 GRESLEY WAY is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 22 on GRESLEY WAY.