22, TEACHERS CLOSE, MANEA, MARCH, PE15 0HL - £150,000

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

22 TEACHERS CLOSE is a midsized extended detached house of 110m², built sometime between 1996 and 2002. It was last sold for £150,000 in May 2014, which was around 16% below the average May 2014 detached price in the Fenland local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

22 TEACHERS CLOSE Sold Prices

Land registry data shows three sales for 22 TEACHERS CLOSE 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 22 TEACHERS 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
2014 7 MAY	£150,000	£179,221	16% below HPI
2012 7 SEP	£124,995	£172,489	28% below HPI
2003 11 JUL	£112,000	£147,835	24% below HPI

22 TEACHERS 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 three 22 TEACHERS CLOSE sales between July 2003 and May 2014 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 2012 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2014 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 22 TEACHERS CLOSE?

22 TEACHERS CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 50% of detached houses in Manea, based on EPC data. The below chart shows the distribution of detached houses by size in Manea, and where 22 TEACHERS CLOSE lies on this distribution: 44% of detached houses are smaller than 22 TEACHERS CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Manea.

22 TEACHERS CLOSE: Plot and Title Map

22 TEACHERS CLOSE sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 22 TEACHERS 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 22 TEACHERS 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 22 TEACHERS CLOSE?

22 TEACHERS CLOSE is located in MANEA, in the PE15 postcode district. The below map shows the position of No. 22 on TEACHERS CLOSE.