40, NEW PARK, MARCH, PE15 8RS - £212,000

40 NEW PARK is a large detached house of 115m², built sometime between 1900 and 1929. It was last sold for £212,000 in February 2019, which was around 16% below the average February 2019 detached price in the Fenland local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

40 NEW PARK Sold Prices

Land registry data shows four sales for 40 NEW PARK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the four 40 NEW PARK 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 15 FEB	£212,000	£252,447	16% below HPI
2007 24 AUG	£176,000	£193,950	9% below HPI
2005 17 JUN	£152,000	£178,967	15% below HPI
2003 28 MAR	£110,000	£136,135	19% below HPI

40 NEW PARK 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 four 40 NEW PARK sales between March 2003 and February 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 August 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 40 NEW PARK?

40 NEW PARK is 115m² according to the EPC inspection conducted in November 2023. This puts it in the largest 40% of detached houses in March, based on EPC data. The below chart shows the distribution of detached houses by size in March, and where 40 NEW PARK lies on this distribution: 66% of detached houses are smaller than 40 NEW PARK, and 34% of houses are larger. Note that EPC data is not available for all properties in March.

40 NEW PARK: Plot and Title Map

40 NEW PARK sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 40 NEW PARK, 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 40 NEW PARK). 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 40 NEW PARK?

40 NEW PARK is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 40 on NEW PARK.