51, SCHOOL LANE, MANEA, MARCH, PE15 0JN - £241,500

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

51 SCHOOL LANE is a large detached house of 152m², built sometime between 1996 and 2002. It was last sold for £241,500 in May 2006, which was around 37% above the average May 2006 detached price in the Fenland local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

51 SCHOOL LANE Sold Prices

Land registry data shows three sales for 51 SCHOOL LANE 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 51 SCHOOL LANE 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
2006 17 MAY	£241,500	£176,511	37% above HPI
2002 24 OCT	£220,000	£124,041	77% above HPI
2000 8 NOV	£45,000	£92,543	51% below HPI

51 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 three 51 SCHOOL LANE sales between November 2000 and May 2006 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 October 2002 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the May 2006 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 51 SCHOOL LANE?

51 SCHOOL LANE is 152m² according to the EPC inspection conducted in August 2009. This puts it in the largest 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 51 SCHOOL LANE lies on this distribution: 76% of detached houses are smaller than 51 SCHOOL LANE, and 24% of houses are larger. Note that EPC data is not available for all properties in Manea.

51 SCHOOL LANE: Plot and Title Map

51 SCHOOL LANE sits on a plot of roughly 0.171 of an acre, or 694m². The below map shows the location of 51 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 51 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 51 SCHOOL LANE?

51 SCHOOL LANE is located in MANEA, in the PE15 postcode district. The below map shows the position of No. 51 on SCHOOL LANE.