28, MORLEY WAY, WIMBLINGTON, MARCH, PE15 0NR - £322,500

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

28 MORLEY WAY is a small detached house of 84m², built sometime between 2003 and 2006. It was last sold for £322,500 in January 2020, which was around 29% above the average January 2020 detached price in the Fenland local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

28 MORLEY WAY Sold Prices

Land registry data shows three sales for 28 MORLEY WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. Two of the three 28 MORLEY WAY sales were for above the average price, whilst one was 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
2020 31 JAN	£322,500	£250,851	29% above HPI
2015 27 FEB	£247,500	£194,807	27% above HPI
2003 30 JUN	£145,000	£149,051	3% below HPI

28 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 three 28 MORLEY WAY sales between June 2003 and January 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 February 2015 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the January 2020 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 28 MORLEY WAY?

28 MORLEY WAY is 84m² according to the EPC inspection conducted in October 2014. 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 28 MORLEY WAY lies on this distribution: 20% of detached houses are smaller than 28 MORLEY WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Wimblington.

28 MORLEY WAY: Plot and Title Map

28 MORLEY WAY sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 28 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 28 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 28 MORLEY WAY?

28 MORLEY WAY is located in WIMBLINGTON, in the PE15 postcode district. The below map shows the position of No. 28 on MORLEY WAY.