3, ORCHARD WAY, MANEA, MARCH, PE15 0JH - £185,000

3 ORCHARD WAY is a very small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £185,000 in September 2019, which was around 25% below the average September 2019 detached price in the Fenland local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

3 ORCHARD WAY Sold Prices

Land registry data shows three sales for 3 ORCHARD WAY 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 3 ORCHARD WAY 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
2019 25 SEP	£185,000	£245,745	25% below HPI
2003 12 NOV	£137,000	£154,119	11% below HPI
2003 21 MAR	£110,000	£136,135	19% below HPI

3 ORCHARD WAY 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 3 ORCHARD WAY sales between March 2003 and September 2019 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 November 2003 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 3 ORCHARD WAY?

3 ORCHARD WAY is 80m² according to the EPC inspection conducted in March 2018. 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 3 ORCHARD WAY lies on this distribution: 16% of detached houses are smaller than 3 ORCHARD WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Manea.

3 ORCHARD WAY: Plot and Title Map

3 ORCHARD WAY sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 3 ORCHARD WAY, 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 3 ORCHARD WAY). 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 3 ORCHARD WAY?

3 ORCHARD WAY is located in MANEA, in the PE15 postcode district. The below map shows the position of No. 3 on ORCHARD WAY.