4, MEDWAY CLOSE, WISBECH, PE13 2LA - £242,000

4 MEDWAY CLOSE is a midsized detached house of 106m², built sometime between 1976 and 1982. It was last sold for £242,000 in December 2018, which was around 5% below the average December 2018 detached price in the Fenland local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was B.

4 MEDWAY CLOSE Sold Prices

Land registry data shows five sales for 4 MEDWAY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the five 4 MEDWAY CLOSE 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
2018 14 DEC	£242,000	£255,598	5% below HPI
2013 16 AUG	£143,000	£175,013	18% below HPI
2007 5 SEP	£164,995	£196,642	16% below HPI
2004 13 AUG	£154,000	£170,656	10% below HPI
1998 19 AUG	£59,500	£68,468	13% below HPI

4 MEDWAY CLOSE 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 five 4 MEDWAY CLOSE sales between August 1998 and December 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 August 2013 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2018 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 4 MEDWAY CLOSE?

4 MEDWAY CLOSE is 106m² according to the EPC inspection conducted in May 2013. This puts it in the largest 50% of detached houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses by size in Wisbech, and where 4 MEDWAY CLOSE lies on this distribution: 54% of detached houses are smaller than 4 MEDWAY CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

4 MEDWAY CLOSE: Plot and Title Map

4 MEDWAY CLOSE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 4 MEDWAY CLOSE, 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 4 MEDWAY CLOSE). 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 4 MEDWAY CLOSE?

4 MEDWAY CLOSE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 4 on MEDWAY CLOSE.