24, THE PARKS, MARCH, PE15 8RR - £235,000

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 THE PARKS is a midsized extended detached house of 92m², built sometime between 2003 and 2006. It was last sold for £235,000 in June 2022, which was around 24% below the average June 2022 detached price in the Fenland local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

24 THE PARKS Sold Prices

Land registry data shows two sales for 24 THE PARKS 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 THE PARKS 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
2022 27 JUN	£235,000	£309,716	24% below HPI
2004 29 JUN	£144,950	£159,758	9% below HPI

24 THE PARKS 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 THE PARKS sales from June 2004 and June 2022 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 June 2004 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 24 THE PARKS?

24 THE PARKS is 92m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 50% 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 THE PARKS lies on this distribution: 42% of detached houses are smaller than 24 THE PARKS, and 57% of houses are larger. Note that EPC data is not available for all properties in March.

24 THE PARKS: Plot and Title Map

24 THE PARKS sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 24 THE PARKS, 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 THE PARKS). 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 THE PARKS?

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