2, PAYNE AVENUE, WISBECH, PE13 3HS - £88,000

2 PAYNE AVENUE is a very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £88,000 in December 2003, which was around 43% below the average December 2003 detached price in the Fenland local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

2 PAYNE AVENUE Sold Prices

Land registry data shows four sales for 2 PAYNE AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the four 2 PAYNE AVENUE 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
2003 17 DEC	£88,000	£155,418	43% below HPI
2001 18 DEC	£65,500	£103,605	37% below HPI
1999 20 AUG	£42,500	£72,513	41% below HPI
1996 30 MAY	£35,000	£56,035	38% below HPI

2 PAYNE AVENUE 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 four 2 PAYNE AVENUE sales between May 1996 and December 2003 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 December 2001 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2003 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 2 PAYNE AVENUE?

2 PAYNE AVENUE is 70m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% of detached houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses by size in Wisbech, and where 2 PAYNE AVENUE lies on this distribution: 18% of detached houses are smaller than 2 PAYNE AVENUE, and 81% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

2 PAYNE AVENUE: Plot and Title Map

2 PAYNE AVENUE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 2 PAYNE AVENUE, 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 2 PAYNE AVENUE). 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 2 PAYNE AVENUE?

2 PAYNE AVENUE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 2 on PAYNE AVENUE.