1, CLEVELAND BAY, MARCH, PE15 9EX - £190,000

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.

1 CLEVELAND BAY is a small detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £224,983. It was last sold for £190,000 in September 2020, which was around 29% below the average September 2020 detached price in the Fenland local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

1 CLEVELAND BAY Sold Prices

Land registry data shows four sales for 1 CLEVELAND BAY 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 1 CLEVELAND 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
2020 24 SEP	£190,000	£265,830	29% below HPI
2005 29 DEC	£136,000	£182,708	26% below HPI
2005 27 SEP	£120,000	£180,854	34% below HPI
1997 4 APR	£51,500	£60,797	15% below HPI

1 CLEVELAND 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 four 1 CLEVELAND BAY sales between April 1997 and September 2020 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 December 2005 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 1 CLEVELAND BAY be worth now?

1 CLEVELAND BAY might now be worth an estimated £224,983.

This is based on house price inflation of 18.4%, between September 2020 and February 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 18.4% inflationary increase is applied to the most recent sale price for 1 CLEVELAND BAY of £190,000 on 24th September 2020. For the value to have increased from £190,000 to £224,983 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 CLEVELAND BAY has moved in line with the HPI for detached houses in the Fenland local authority area.
• The September 2020 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CLEVELAND BAY has not materially changed since September 2020.

How Large is 1 CLEVELAND BAY?

1 CLEVELAND BAY is 86m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 40% of detached houses houses in March, based on EPC data. The below chart shows the distribution of detached houses houses by size in March, and where 1 CLEVELAND BAY lies on this distribution: 34% of detached houses houses are smaller than 1 CLEVELAND BAY, and 65% of houses are larger. Note that EPC data is not available for all properties in March.

1 CLEVELAND BAY: Plot and Title Map

1 CLEVELAND BAY sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 1 CLEVELAND 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 1 CLEVELAND 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 1 CLEVELAND BAY?

1 CLEVELAND BAY is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 1 on CLEVELAND BAY.