20, NEW PARK, MARCH, PE15 8RS - £128,000

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

20 NEW PARK is a midsized extended detached house of 94m², built sometime between 1900 and 1929. It was last sold for £128,000 in May 2015, which was around 37% below the average May 2015 detached price in the Fenland local authority area. The most recent EPC inspection was August 2012, where the current energy rating was E, and the potential energy rating was C.

20 NEW PARK Sold Prices

Land registry data shows three sales for 20 NEW PARK 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 20 NEW PARK 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
2015 22 MAY	£128,000	£202,107	37% below HPI
2006 2 NOV	£125,000	£182,005	31% below HPI
1998 8 APR	£70,000	£63,198	11% above HPI

20 NEW PARK 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 20 NEW PARK sales between April 1998 and May 2015 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 November 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2015 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 20 NEW PARK?

20 NEW PARK is 94m², which includes one extension, according to the EPC inspection conducted in August 2012. 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 20 NEW PARK lies on this distribution: 44% of detached houses are smaller than 20 NEW PARK, and 55% of houses are larger. Note that EPC data is not available for all properties in March.

20 NEW PARK: Plot and Title Map

20 NEW PARK sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 20 NEW PARK, 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 20 NEW PARK). 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 20 NEW PARK?

20 NEW PARK is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 20 on NEW PARK.