16, ORCHARD WAY, MANEA, MARCH, PE15 0JH - £122,500

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

16 ORCHARD WAY is a very small detached house of 63m², built sometime between 1967 and 1975. It was last sold for £122,500 in January 2010, which was around 27% below the average January 2010 detached price in the Fenland local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was A.

16 ORCHARD WAY Sold Prices

Land registry data shows three sales for 16 ORCHARD WAY 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. All of the three 16 ORCHARD 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
2010 27 JAN	£122,500	£168,821	27% below HPI
2004 28 MAY	£115,000	£156,727	27% below HPI
2001 19 DEC	£87,500	£103,605	16% below HPI

16 ORCHARD 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 three 16 ORCHARD WAY sales between December 2001 and January 2010 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 May 2004 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2010 sale, which was also at 27% below the HPI.

How Large is 16 ORCHARD WAY?

16 ORCHARD WAY is 63m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of detached houses in Manea, based on EPC data. The below chart shows the distribution of detached houses by size in Manea, and where 16 ORCHARD WAY lies on this distribution: 1% of detached houses are smaller than 16 ORCHARD WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Manea.

16 ORCHARD WAY: Plot and Title Map

16 ORCHARD WAY sits on a plot of roughly 0.087 of an acre, or 350m². The below map shows the location of 16 ORCHARD 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 16 ORCHARD 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 16 ORCHARD WAY?

16 ORCHARD WAY is located in MANEA, in the PE15 postcode district. The below map shows the position of No. 16 on ORCHARD WAY.