2A, RAVENHILL DRIVE, MARCH, PE15 9RL - £425,000

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.

2A RAVENHILL DRIVE is a very large extended detached house of 231m², built sometime between 1996 and 2002, which could now be worth an estimated £488,087. It was last sold for £425,000 in September 2020, which was around 60% above the average September 2020 detached price in the Fenland local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

2A RAVENHILL DRIVE Sold Prices

Land registry data shows two sales for 2A RAVENHILL DRIVE 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. Both of the two 2A RAVENHILL DRIVE 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
2020 4 SEP	£425,000	£265,830	60% above HPI
2011 30 NOV	£320,000	£174,193	84% above HPI

2A RAVENHILL DRIVE 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 2A RAVENHILL DRIVE sales from November 2011 and September 2020 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 November 2011 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the September 2020 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 2A RAVENHILL DRIVE be worth now?

2A RAVENHILL DRIVE might now be worth an estimated £488,087.

This is based on house price inflation of 14.8%, between September 2020 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 14.8% inflationary increase is applied to the most recent sale price for 2A RAVENHILL DRIVE of £425,000 on 4th September 2020. For the value to have increased from £425,000 to £488,087 over the five years and two months to July 2025, the following assumptions must hold true:

• The value of 2A RAVENHILL DRIVE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The September 2020 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 2A RAVENHILL DRIVE has not materially changed since September 2020.

How Large is 2A RAVENHILL DRIVE?

2A RAVENHILL DRIVE is 231m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the largest 10% 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 2A RAVENHILL DRIVE lies on this distribution: 97% of detached houses houses are smaller than 2A RAVENHILL DRIVE, and 3% of houses are larger. Note that EPC data is not available for all properties in March.

2A RAVENHILL DRIVE: Plot and Title Map

2A RAVENHILL DRIVE sits on a plot of roughly 0.178 of an acre, or 720m². The below map shows the location of 2A RAVENHILL DRIVE, 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 2A RAVENHILL DRIVE). 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 2A RAVENHILL DRIVE?

2A RAVENHILL DRIVE is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 2A on RAVENHILL DRIVE.