4, NORICO BAY, MARCH, PE15 9HJ - £169,000

4 NORICO BAY is a small extended detached house of 82m², built sometime between 1983 and 1990. It was last sold for £169,000 in January 2008, which was around 13% below the average January 2008 detached price in the Fenland local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

4 NORICO BAY Sold Prices

Land registry data shows two sales for 4 NORICO BAY 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 4 NORICO BAY 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
2008 31 JAN	£169,000	£193,374	13% below HPI
2006 3 MAR	£125,500	£179,108	30% below HPI

4 NORICO BAY 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 4 NORICO BAY sales from March 2006 and January 2008 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 2006 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the January 2008 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 4 NORICO BAY?

4 NORICO BAY is 82m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 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 4 NORICO BAY lies on this distribution: 31% of detached houses are smaller than 4 NORICO BAY, and 69% of houses are larger. Note that EPC data is not available for all properties in March.

4 NORICO BAY: Plot and Title Map

4 NORICO BAY sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 4 NORICO BAY, 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 4 NORICO BAY). 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 4 NORICO BAY?

4 NORICO BAY is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 4 on NORICO BAY.