7, HUTCHINSON CLOSE, MANEA, MARCH, PE15 0HR - £189,000

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

7 HUTCHINSON CLOSE is a very small detached house of 81m², built sometime between 1996 and 2002. It was last sold for £189,000 in March 2021, which was around 28% below the average March 2021 detached price in the Fenland local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

7 HUTCHINSON CLOSE Sold Prices

Land registry data shows four sales for 7 HUTCHINSON 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 7 HUTCHINSON 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
2021 11 MAR	£189,000	£263,787	28% below HPI
2009 9 OCT	£134,000	£164,771	19% below HPI
2005 10 JUN	£147,000	£178,967	18% below HPI
2002 23 AUG	£94,000	£118,641	21% below HPI

7 HUTCHINSON 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 7 HUTCHINSON CLOSE sales between August 2002 and March 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 October 2009 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 7 HUTCHINSON CLOSE?

7 HUTCHINSON CLOSE is 81m² according to the EPC inspection conducted in October 2019. 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 7 HUTCHINSON CLOSE lies on this distribution: 16% of detached houses are smaller than 7 HUTCHINSON CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Manea.

7 HUTCHINSON CLOSE: Plot and Title Map

7 HUTCHINSON CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 7 HUTCHINSON 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 7 HUTCHINSON 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 7 HUTCHINSON CLOSE?

7 HUTCHINSON CLOSE is located in MANEA, in the PE15 postcode district. The below map shows the position of No. 7 on HUTCHINSON CLOSE.