28, TEACHERS CLOSE, MANEA, MARCH, PE15 0HL - £185,000

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

28 TEACHERS CLOSE is a very small detached house of 79m², built sometime between 2003 and 2006. It was last sold for £185,000 in June 2016, which was around 15% below the average June 2016 detached price in the Fenland local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

28 TEACHERS CLOSE Sold Prices

Land registry data shows four sales for 28 TEACHERS CLOSE 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 28 TEACHERS 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
2016 29 JUN	£185,000	£218,812	15% below HPI
2011 24 NOV	£131,500	£170,136	23% below HPI
2004 2 APR	£131,500	£158,912	17% below HPI
2003 29 AUG	£110,000	£145,693	24% below HPI

28 TEACHERS 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 four 28 TEACHERS CLOSE sales between August 2003 and June 2016 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 2011 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2016 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 28 TEACHERS CLOSE?

28 TEACHERS CLOSE is 79m² according to the EPC inspection conducted in February 2016. 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 28 TEACHERS CLOSE lies on this distribution: 15% of detached houses are smaller than 28 TEACHERS CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Manea.

28 TEACHERS CLOSE: Plot and Title Map

28 TEACHERS CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 28 TEACHERS 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 28 TEACHERS 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 28 TEACHERS CLOSE?

28 TEACHERS CLOSE is located in MANEA, in the PE15 postcode district. The below map shows the position of No. 28 on TEACHERS CLOSE.