MAY VILLA, STRAIGHT ROAD, MANEA, MARCH, PE15 0NH - £407,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MAY VILLA is a small extended detached house of 90m², built sometime between 1900 and 1929, which could now be worth an estimated £461,598. It was last sold for £407,500 in June 2021, which was around 47% above the average June 2021 detached price in the Fenland local authority area. The most recent EPC inspection was August 2016, where the current energy rating was G, and the potential energy rating was B.

MAY VILLA Sold Prices

Land registry data shows two sales for MAY VILLA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. One of the two MAY VILLA sales was for above the average price, whilst the other 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
2021 29 JUN	£407,500	£277,884	47% above HPI
2016 26 OCT	£167,500	£231,160	28% below HPI

MAY VILLA 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 two MAY VILLA sales from October 2016 and June 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 2016 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2021 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might MAY VILLA be worth now?

MAY VILLA might now be worth an estimated £461,598.

This is based on house price inflation of 13.3%, between June 2021 and February 2025, for detached houses, in the Fenland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.3% inflationary increase is applied to the most recent sale price for MAY VILLA of £407,500 on 29th June 2021. For the value to have increased from £407,500 to £461,598 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of MAY VILLA has moved in line with the HPI for detached houses in the Fenland local authority area.
• The June 2021 sale price of £407,500 represented a fair market value for the property.
• The size, condition, and specification of MAY VILLA has not materially changed since June 2021.

How Large is MAY VILLA?

MAY VILLA is 90m², which includes two extensions, according to the EPC inspection conducted in August 2016. This puts it in the smallest 30% of detached houses houses in Manea, based on EPC data. The below chart shows the distribution of detached houses houses by size in Manea, and where MAY VILLA lies on this distribution: 27% of detached houses houses are smaller than MAY VILLA, and 72% of houses are larger. Note that EPC data is not available for all properties in Manea.

MAY VILLA: Plot and Title Map

MAY VILLA sits on a plot of roughly 0.172 of an acre, or 697m². The below map shows the location of MAY VILLA, 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 MAY VILLA). 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 MAY VILLA?

MAY VILLA is located on STRAIGHT ROAD in MANEA, in the PE15 postcode district. The below map shows the position of MAY VILLA on STRAIGHT ROAD.