24, NEW PARK, MARCH, PE15 8RS - £205,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

24 NEW PARK is a small extended semi-detached house of 85m², built sometime between 1900 and 1929. It was last sold for £205,000 in January 2024, which was around 30% below the average January 2024 detached price in the Fenland local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

24 NEW PARK Sold Prices

Land registry data shows four sales for 24 NEW PARK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the four 24 NEW PARK 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
2024 15 JAN	£205,000	£293,504	30% below HPI
2018 9 NOV	£152,500	£254,261	40% below HPI
2003 31 OCT	£90,000	£149,722	40% below HPI
2002 2 MAY	£69,995	£113,927	39% below HPI

24 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 four 24 NEW PARK sales between May 2002 and January 2024 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 2018 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2024 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 24 NEW PARK?

24 NEW PARK is 85m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% of detached houses in March, based on EPC data. The below chart shows the distribution of detached houses by size in March, and where 24 NEW PARK lies on this distribution: 34% of detached houses are smaller than 24 NEW PARK, and 66% of houses are larger. Note that EPC data is not available for all properties in March.

24 NEW PARK: Plot and Title Map

24 NEW PARK sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 24 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 24 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 24 NEW PARK?

24 NEW PARK is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 24 on NEW PARK.