RESTCOT, SCARGELLS YARD, MARCH, PE15 9LR - £145,000

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

RESTCOT is a small extended detached house of 72m², built sometime before 1900. It was last sold for £145,000 in November 2023, which was around 52% below the average November 2023 detached price in the Fenland local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

RESTCOT Sold Prices

Land registry data shows three sales for RESTCOT 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. All of the three RESTCOT 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
2023 17 NOV	£145,000	£304,845	52% below HPI
2023 5 APR	£135,000	£319,043	58% below HPI
2002 19 JUL	£65,000	£116,890	44% below HPI

RESTCOT 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 RESTCOT sales between July 2002 and November 2023 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 April 2023 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the November 2023 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is RESTCOT?

RESTCOT is 72m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 30% of detached houses in March, based on EPC data. The below chart shows the distribution of detached houses by size in March, and where RESTCOT lies on this distribution: 20% of detached houses are smaller than RESTCOT, and 79% of houses are larger. Note that EPC data is not available for all properties in March.

RESTCOT: Plot and Title Map

RESTCOT sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of RESTCOT, 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 RESTCOT). 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 RESTCOT?

RESTCOT is located on SCARGELLS YARD in MARCH, in the PE15 postcode district. The below map shows the position of RESTCOT on SCARGELLS YARD.