2, MASON CLOSE, MANEA, MARCH, PE15 0FT - £268,000

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

2 MASON CLOSE is a small detached house of 89m², built in 2020. It was last sold for £268,000 in October 2023, which was around 14% below the average October 2023 detached price in the Fenland local authority area. The most recent EPC inspection was August 2021, where the current energy rating was B, and the potential energy rating was A.

2 MASON CLOSE Sold Prices

Land registry data shows two sales for 2 MASON CLOSE 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 2 MASON CLOSE 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
2023 27 OCT	£268,000	£311,985	14% below HPI
2021 3 SEP	£240,000	£276,948	13% below HPI

2 MASON CLOSE 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 2 MASON CLOSE sales from September 2021 and October 2023 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 September 2021 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 MASON CLOSE?

2 MASON CLOSE is 89m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 30% of detached houses in Manea, based on EPC data. The below chart shows the distribution of detached houses by size in Manea, and where 2 MASON CLOSE lies on this distribution: 26% of detached houses are smaller than 2 MASON CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Manea.

2 MASON CLOSE: Plot and Title Map

2 MASON CLOSE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 2 MASON CLOSE, 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 2 MASON CLOSE). 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 2 MASON CLOSE?

2 MASON CLOSE is located in MANEA, in the PE15 postcode district. The below map shows the position of No. 2 on MASON CLOSE.