8, GRESLEY WAY, MARCH, PE15 8QA - £142,000

8 GRESLEY WAY is a very small detached house of 67m², built sometime between 1967 and 1975. It was last sold for £142,000 in March 2016, which was around 34% below the average March 2016 detached price in the Fenland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was B.

8 GRESLEY WAY Sold Prices

Land registry data shows two sales for 8 GRESLEY WAY 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 8 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
2016 18 MAR	£142,000	£214,106	34% below HPI
2003 4 MAR	£110,000	£136,135	19% below HPI

8 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 two 8 GRESLEY WAY sales from March 2003 and March 2016 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 2003 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2016 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 8 GRESLEY WAY?

8 GRESLEY WAY is 67m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% of detached houses in March, based on EPC data. The below chart shows the distribution of detached houses by size in March, and where 8 GRESLEY WAY lies on this distribution: 16% of detached houses are smaller than 8 GRESLEY WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in March.

8 GRESLEY WAY: Plot and Title Map

8 GRESLEY WAY sits on a plot of roughly 0.143 of an acre, or 577m². The below map shows the location of 8 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 8 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 8 GRESLEY WAY?

8 GRESLEY WAY is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 8 on GRESLEY WAY.