2, POPPY LANE, MARCH, PE15 8BZ - £340,000

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 POPPY LANE is a large detached house of 131m², built sometime from 2007 onwards. It was last sold for £340,000 in September 2021, which was around 23% above the average September 2021 detached price in the Fenland local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

2 POPPY LANE Sold Prices

Land registry data shows three sales for 2 POPPY LANE 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 POPPY LANE 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
2021 24 SEP	£340,000	£276,948	23% above HPI
2014 10 OCT	£187,500	£189,399	1% below HPI
2008 22 AUG	£200,000	£187,111	7% above HPI

2 POPPY LANE 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 POPPY LANE sales between August 2008 and September 2021 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 October 2014 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the September 2021 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 2 POPPY LANE?

2 POPPY LANE is 131m² according to the EPC inspection conducted in July 2014. This puts it in the largest 30% 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 POPPY LANE lies on this distribution: 77% of detached houses are smaller than 2 POPPY LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in March.

2 POPPY LANE: Plot and Title Map

2 POPPY LANE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 2 POPPY LANE, 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 POPPY LANE). 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 POPPY LANE?

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