12, OCTAGON DRIVE, WISBECH, PE13 1SB - £278,000

12 OCTAGON DRIVE is a large extended detached house of 125m², built sometime between 1983 and 1990. It was last sold for £278,000 in August 2018, which was around 11% above the average August 2018 detached price in the Fenland local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.

12 OCTAGON DRIVE Sold Prices

Land registry data shows two sales for 12 OCTAGON DRIVE 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. Both of the two 12 OCTAGON DRIVE 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
2018 15 AUG	£278,000	£249,590	11% above HPI
2009 29 MAY	£185,000	£159,131	16% above HPI

12 OCTAGON DRIVE 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 12 OCTAGON DRIVE sales from May 2009 and August 2018 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 May 2009 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the August 2018 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 12 OCTAGON DRIVE?

12 OCTAGON DRIVE is 125m², which includes one extension, according to the EPC inspection conducted in January 2009. This puts it in the largest 30% of detached houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses by size in Wisbech, and where 12 OCTAGON DRIVE lies on this distribution: 72% of detached houses are smaller than 12 OCTAGON DRIVE, and 28% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

12 OCTAGON DRIVE: Plot and Title Map

12 OCTAGON DRIVE sits on a plot of roughly 0.169 of an acre, or 683m². The below map shows the location of 12 OCTAGON DRIVE, 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 OCTAGON DRIVE). 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 OCTAGON DRIVE?

12 OCTAGON DRIVE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 12 on OCTAGON DRIVE.