24, SCHOOL LANE, MANEA, MARCH, PE15 0JN - £92,000

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 SCHOOL LANE is a very small extended detached house of 75m², built sometime between 1930 and 1949. It was last sold for £92,000 in January 2004, which was around 41% below the average January 2004 detached price in the Fenland local authority area. The most recent EPC inspection was November 2022, where the current energy rating was F, and the potential energy rating was B.

24 SCHOOL LANE Sold Prices

Land registry data shows two sales for 24 SCHOOL LANE 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 SCHOOL LANE 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
2004 23 JAN	£92,000	£156,571	41% below HPI
2001 20 JUL	£60,000	£95,191	37% below HPI

24 SCHOOL LANE 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 SCHOOL LANE sales from July 2001 and January 2004 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 2001 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the January 2004 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 24 SCHOOL LANE?

24 SCHOOL LANE is 75m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the smallest 20% of detached houses in Manea, based on EPC data. The below chart shows the distribution of detached houses by size in Manea, and where 24 SCHOOL LANE lies on this distribution: 12% of detached houses are smaller than 24 SCHOOL LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Manea.

24 SCHOOL LANE: Plot and Title Map

24 SCHOOL LANE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 24 SCHOOL LANE, 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 SCHOOL LANE). 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 SCHOOL LANE?

24 SCHOOL LANE is located in MANEA, in the PE15 postcode district. The below map shows the position of No. 24 on SCHOOL LANE.