23, TEACHERS CLOSE, MANEA, MARCH, PE15 0HL - £220,000

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

23 TEACHERS CLOSE is a midsized detached house of 117m², built sometime between 2003 and 2006. It was last sold for £220,000 in April 2019, which was around 13% below the average April 2019 detached price in the Fenland local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

23 TEACHERS CLOSE Sold Prices

Land registry data shows three sales for 23 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 23 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
2019 30 APR	£220,000	£251,835	13% below HPI
2013 10 JUL	£157,000	£171,437	8% below HPI
2003 27 JUN	£130,000	£149,051	13% below HPI

23 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 23 TEACHERS CLOSE sales between June 2003 and April 2019 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 July 2013 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2019 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 23 TEACHERS CLOSE?

23 TEACHERS CLOSE is 117m² according to the EPC inspection conducted in June 2016. This puts it in the largest 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 23 TEACHERS CLOSE lies on this distribution: 53% of detached houses are smaller than 23 TEACHERS CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Manea.

23 TEACHERS CLOSE: Plot and Title Map

23 TEACHERS CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 23 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 23 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 23 TEACHERS CLOSE?

23 TEACHERS CLOSE is located in MANEA, in the PE15 postcode district. The below map shows the position of No. 23 on TEACHERS CLOSE.