HOMELEIGH, FODDER FEN, MARCH, PE15 0HQ - £245,000

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.

HOMELEIGH is a midsized detached house of 121m², built sometime between 1950 and 1966, which could now be worth an estimated £278,389. It was last sold for £245,000 in June 2021, which was around 12% below the average June 2021 detached price in the Fenland local authority area. The most recent EPC inspection was March 2010, where the current energy rating was F, and the potential energy rating was E.

HOMELEIGH Sold Prices

Land registry data shows two sales for HOMELEIGH 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 HOMELEIGH 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
2021 25 JUN	£245,000	£277,884	12% below HPI
2010 11 JUN	£145,000	£173,599	16% below HPI

HOMELEIGH 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 HOMELEIGH sales from June 2010 and June 2021 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 June 2010 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might HOMELEIGH be worth now?

HOMELEIGH might now be worth an estimated £278,389.

This is based on house price inflation of 13.6%, between June 2021 and March 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 13.6% inflationary increase is applied to the most recent sale price for HOMELEIGH of £245,000 on 25th June 2021. For the value to have increased from £245,000 to £278,389 over the four years and three months to March 2025, the following assumptions must hold true:

• The value of HOMELEIGH has moved in line with the HPI for detached houses in the Fenland local authority area.
• The June 2021 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of HOMELEIGH has not materially changed since June 2021.

How Large is HOMELEIGH?

HOMELEIGH is 121m² according to the EPC inspection conducted in March 2010. This puts it in the largest 50% of detached houses houses in Manea, based on EPC data. The below chart shows the distribution of detached houses houses by size in Manea, and where HOMELEIGH lies on this distribution: 55% of detached houses houses are smaller than HOMELEIGH, and 44% of houses are larger. Note that EPC data is not available for all properties in Manea.

HOMELEIGH: Plot and Title Map

HOMELEIGH sits on a plot of roughly 0.219 of an acre, or 888m². The below map shows the location of HOMELEIGH, 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 HOMELEIGH). 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 HOMELEIGH?

HOMELEIGH is located in FODDER FEN, in the PE15 postcode district. The below map shows the position of HOMELEIGH in FODDER FEN.