62, NENE PARADE, MARCH, PE15 8TD - £225,000

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

62 NENE PARADE is a very small detached house of 58m², built sometime between 1930 and 1949. It was last sold for £225,000 in September 2021, which was around 19% below the average September 2021 detached price in the Fenland local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

62 NENE PARADE Sold Prices

Land registry data shows three sales for 62 NENE PARADE 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 62 NENE PARADE sales were for below the average price, whilst one was for above 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
2021 27 SEP	£225,000	£276,948	19% below HPI
2004 9 AUG	£185,000	£170,656	8% above HPI
2000 24 NOV	£82,500	£92,543	11% below HPI

62 NENE PARADE 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 62 NENE PARADE sales between November 2000 and September 2021 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 August 2004 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 62 NENE PARADE?

62 NENE PARADE is 58m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 10% of detached houses in March, based on EPC data. The below chart shows the distribution of detached houses by size in March, and where 62 NENE PARADE lies on this distribution: 4% of detached houses are smaller than 62 NENE PARADE, and 95% of houses are larger. Note that EPC data is not available for all properties in March.

62 NENE PARADE: Plot and Title Map

62 NENE PARADE sits on a plot of roughly 0.174 of an acre, or 706m². The below map shows the location of 62 NENE PARADE, 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 62 NENE PARADE). 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 62 NENE PARADE?

62 NENE PARADE is located in MARCH, in the PE15 postcode district. The below map shows the position of No. 62 on NENE PARADE.