10, NORICO BAY, MARCH, PE15 9HJ - £264,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

10 NORICO BAY is a midsized extended detached house of 97m², built sometime between 1983 and 1990. It was last sold for £264,000 in May 2018, which was around 6% above the average May 2018 detached price in the Fenland local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

10 NORICO BAY Sold Prices

Land registry data shows three sales for 10 NORICO BAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. Two of the three 10 NORICO BAY sales were for above the average price, whilst one was 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
2018 31 MAY	£264,000	£249,153	6% above HPI
2006 6 JUL	£190,000	£181,925	4% above HPI
1999 19 FEB	£60,000	£68,964	13% below HPI

10 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 three 10 NORICO BAY sales between February 1999 and May 2018 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 July 2006 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2018 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 10 NORICO BAY?

10 NORICO BAY is 97m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 50% of detached houses in March, based on EPC data. The below chart shows the distribution of detached houses by size in March, and where 10 NORICO BAY lies on this distribution: 48% of detached houses are smaller than 10 NORICO BAY, and 51% of houses are larger. Note that EPC data is not available for all properties in March.

10 NORICO BAY: Plot and Title Map

10 NORICO BAY sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 10 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 10 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 10 NORICO BAY?

10 NORICO BAY is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 10 on NORICO BAY.