3, THE PARKS, MARCH, PE15 8RR - £170,000

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.

3 THE PARKS is a small extended terraced house of 79m², built sometime between 2003 and 2006, which could now be worth an estimated £206,349. It was last sold for £170,000 in August 2019, which was around 31% above the average August 2019 terraced price in the Fenland local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

3 THE PARKS Sold Prices

Land registry data shows two sales for 3 THE PARKS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Fenland local authority area for the corresponding sale date. Both of the two 3 THE PARKS 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
2019 27 AUG	£170,000	£129,591	31% above HPI
2006 20 SEP	£151,950	£100,209	52% above HPI

3 THE PARKS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Fenland local authority area over time, sourced from the HPI. The two 3 THE PARKS sales from September 2006 and August 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 September 2006 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the August 2019 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 3 THE PARKS be worth now?

3 THE PARKS might now be worth an estimated £206,349.

This is based on house price inflation of 21.4%, between August 2019 and July 2025, for terraced 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 21.4% inflationary increase is applied to the most recent sale price for 3 THE PARKS of £170,000 on 27th August 2019. For the value to have increased from £170,000 to £206,349 over the six years and one month to July 2025, the following assumptions must hold true:

• The value of 3 THE PARKS has moved in line with the HPI for terraced houses in the Fenland local authority area.
• The August 2019 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE PARKS has not materially changed since August 2019.

How Large is 3 THE PARKS?

3 THE PARKS is 79m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 30% of terraced houses houses in March, based on EPC data. The below chart shows the distribution of terraced houses houses by size in March, and where 3 THE PARKS lies on this distribution: 26% of terraced houses houses are smaller than 3 THE PARKS, and 73% of houses are larger. Note that EPC data is not available for all properties in March.

3 THE PARKS: Plot and Title Map

3 THE PARKS sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 3 THE PARKS, 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 3 THE PARKS). 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 3 THE PARKS?

3 THE PARKS is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 3 on THE PARKS.