24, MORLEY WAY, WIMBLINGTON, MARCH, PE15 0NR - £290,000

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

24 MORLEY WAY is a very small detached house of 76m², built sometime between 1996 and 2002. It was last sold for £290,000 in June 2020, which was around 11% above the average June 2020 detached price in the Fenland local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

24 MORLEY WAY Sold Prices

Land registry data shows two sales for 24 MORLEY WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. One of the two 24 MORLEY WAY sales was for above the average price, whilst the other was roughly equal to 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
2020 1 JUN	£290,000	£261,445	11% above HPI
2003 29 AUG	£145,000	£145,693	Close to HPI

24 MORLEY WAY 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 two 24 MORLEY WAY sales from August 2003 and June 2020 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 August 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2020 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 24 MORLEY WAY?

24 MORLEY WAY is 76m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 20% of detached houses in Wimblington, based on EPC data. The below chart shows the distribution of detached houses by size in Wimblington, and where 24 MORLEY WAY lies on this distribution: 11% of detached houses are smaller than 24 MORLEY WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Wimblington.

24 MORLEY WAY: Plot and Title Map

24 MORLEY WAY sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of 24 MORLEY WAY, 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 24 MORLEY WAY). 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 24 MORLEY WAY?

24 MORLEY WAY is located in WIMBLINGTON, in the PE15 postcode district. The below map shows the position of No. 24 on MORLEY WAY.