24, ORCHARD CLOSE, LEVERINGTON, WISBECH, PE13 5PY - £115,000

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 ORCHARD CLOSE is a very small detached house of 62m², built sometime between 1996 and 2002. It was last sold for £115,000 in July 2003, which was around 22% below the average July 2003 detached price in the Fenland local authority area. The most recent EPC inspection was December 2023, where the current energy rating was D, and the potential energy rating was B.

24 ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 24 ORCHARD CLOSE 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. Both of the two 24 ORCHARD 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
2003 31 JUL	£115,000	£147,835	22% below HPI
2002 6 DEC	£96,950	£132,960	27% below HPI

24 ORCHARD 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 two 24 ORCHARD CLOSE sales from December 2002 and July 2003 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 December 2002 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2003 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 24 ORCHARD CLOSE?

24 ORCHARD CLOSE is 62m² according to the EPC inspection conducted in December 2023. This puts it in the smallest 10% of detached houses in Leverington, based on EPC data. The below chart shows the distribution of detached houses by size in Leverington, and where 24 ORCHARD CLOSE lies on this distribution: 9% of detached houses are smaller than 24 ORCHARD CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Leverington.

24 ORCHARD CLOSE: Plot and Title Map

24 ORCHARD CLOSE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 24 ORCHARD 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 24 ORCHARD 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 24 ORCHARD CLOSE?

24 ORCHARD CLOSE is located in LEVERINGTON, in the PE13 postcode district. The below map shows the position of No. 24 on ORCHARD CLOSE.