31, EDWARDS WAY, MANEA, MARCH, PE15 0HY - £203,500

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

31 EDWARDS WAY is a small detached house of 85m², built sometime between 1996 and 2002. It was last sold for £203,500 in March 2022, which was around 33% below the average March 2022 detached price in the Fenland local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

31 EDWARDS WAY Sold Prices

Land registry data shows five sales for 31 EDWARDS WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the five 31 EDWARDS WAY 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 18 MAR	£203,500	£301,692	33% below HPI
2018 25 SEP	£148,000	£252,820	41% below HPI
2016 24 JUN	£110,000	£218,812	50% below HPI
2004 21 MAY	£103,500	£156,727	34% below HPI
2001 23 FEB	£49,500	£88,415	44% below HPI

31 EDWARDS 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 five 31 EDWARDS WAY sales between February 2001 and March 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 September 2018 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the March 2022 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 31 EDWARDS WAY?

31 EDWARDS WAY is 85m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 30% of detached houses in Manea, based on EPC data. The below chart shows the distribution of detached houses by size in Manea, and where 31 EDWARDS WAY lies on this distribution: 25% of detached houses are smaller than 31 EDWARDS WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Manea.

31 EDWARDS WAY: Plot and Title Map

31 EDWARDS WAY sits on a plot of roughly 0.025 of an acre, or 102m². The below map shows the location of 31 EDWARDS 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 31 EDWARDS 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 31 EDWARDS WAY?

31 EDWARDS WAY is located in MANEA, in the PE15 postcode district. The below map shows the position of No. 31 on EDWARDS WAY.