2, ORCHARD ROAD, MARCH, PE15 9DD - £225,000

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 ORCHARD ROAD is a midsized detached house of 92m², built sometime between 1950 and 1966. It was last sold for £225,000 in November 2018, which was around 12% below the average November 2018 detached price in the Fenland local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was C.

2 ORCHARD ROAD Sold Prices

Land registry data shows three sales for 2 ORCHARD ROAD 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 2 ORCHARD ROAD sales were for below the average price, whilst one was for above 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 15 NOV	£225,000	£254,261	12% below HPI
2017 10 MAR	£245,000	£232,073	6% above HPI
1999 22 JAN	£68,000	£70,709	4% below HPI

2 ORCHARD ROAD 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 2 ORCHARD ROAD sales between January 1999 and November 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 March 2017 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the November 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 2 ORCHARD ROAD?

2 ORCHARD ROAD is 92m² according to the EPC inspection conducted in October 2016. 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 2 ORCHARD ROAD lies on this distribution: 42% of detached houses are smaller than 2 ORCHARD ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in March.

2 ORCHARD ROAD: Plot and Title Map

2 ORCHARD ROAD sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 2 ORCHARD ROAD, 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 ORCHARD ROAD). 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 ORCHARD ROAD?

2 ORCHARD ROAD is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 2 on ORCHARD ROAD.