12, PARK ROAD, MANEA, MARCH, PE15 0LL - £158,000

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.

12 PARK ROAD is a small terraced house of 90m², built sometime between 1900 and 1929, which could now be worth an estimated £173,323. It was last sold for £158,000 in September 2021, which was around 8% above the average September 2021 terraced price in the Fenland local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was C.

12 PARK ROAD Sold Prices

Land registry data shows four sales for 12 PARK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Fenland local authority area for the corresponding sale date. Most of the four 12 PARK ROAD sales were 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 10 SEP	£158,000	£146,847	8% above HPI
2019 24 APR	£150,000	£130,398	15% above HPI
2002 28 JUN	£63,500	£55,284	15% above HPI
1995 1 DEC	£26,000	£27,962	7% below HPI

12 PARK ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Fenland local authority area over time, sourced from the HPI. The four 12 PARK ROAD sales between December 1995 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 April 2019 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the September 2021 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 12 PARK ROAD be worth now?

12 PARK ROAD might now be worth an estimated £173,323.

This is based on house price inflation of 9.7%, between September 2021 and May 2026, for terraced 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 9.7% inflationary increase is applied to the most recent sale price for 12 PARK ROAD of £158,000 on 10th September 2021. For the value to have increased from £158,000 to £173,323 over the five years and four months to May 2026, the following assumptions must hold true:

• The value of 12 PARK ROAD has moved in line with the HPI for terraced houses in the Fenland local authority area.
• The September 2021 sale price of £158,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PARK ROAD has not materially changed since September 2021.

How Large is 12 PARK ROAD?

12 PARK ROAD is 90m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 30% of terraced houses houses in Manea, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Manea, and where 12 PARK ROAD lies on this distribution: 27% of terraced houses houses are smaller than 12 PARK ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Manea.

12 PARK ROAD: Plot and Title Map

12 PARK ROAD sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 12 PARK ROAD, 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 12 PARK ROAD). 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 12 PARK ROAD?

12 PARK ROAD is located in MANEA, in the PE15 postcode district. The below map shows the position of No. 12 on PARK ROAD.