56, WEASENHAM LANE, WISBECH, PE13 2RU - £162,000

56 WEASENHAM LANE is a very small detached house of 63m², built sometime between 1991 and 1995. It was last sold for £162,000 in March 2020, which was around 35% below the average March 2020 detached price in the Fenland local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

56 WEASENHAM LANE Sold Prices

Land registry data shows three sales for 56 WEASENHAM LANE 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 56 WEASENHAM LANE 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
2020 20 MAR	£162,000	£250,632	35% below HPI
2012 20 AUG	£125,000	£173,455	28% below HPI
2012 23 MAR	£104,500	£171,066	39% below HPI

56 WEASENHAM LANE 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 56 WEASENHAM LANE sales between March 2012 and March 2020 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 2012 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2020 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 56 WEASENHAM LANE?

56 WEASENHAM LANE is 63m² according to the EPC inspection conducted in September 2019. 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 56 WEASENHAM LANE lies on this distribution: 13% of detached houses are smaller than 56 WEASENHAM LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

56 WEASENHAM LANE: Plot and Title Map

56 WEASENHAM LANE sits on a plot of roughly 0.110 of an acre, or 443m². The below map shows the location of 56 WEASENHAM LANE, 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 56 WEASENHAM LANE). 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 56 WEASENHAM LANE?

56 WEASENHAM LANE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 56 on WEASENHAM LANE.