GREENWAYS, PRINCE STREET, WISBECH, PE13 2AY - £157,500

GREENWAYS is a very small detached house of 61m², built sometime between 1976 and 1982. It was last sold for £157,500 in December 2021, which was around 47% below the average December 2021 detached price in the Fenland local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

GREENWAYS Sold Prices

Land registry data shows three sales for GREENWAYS 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 GREENWAYS 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
2021 2 DEC	£157,500	£297,967	47% below HPI
2016 18 NOV	£140,000	£228,442	39% below HPI
2013 7 AUG	£87,000	£175,013	50% below HPI

GREENWAYS 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 GREENWAYS sales between August 2013 and December 2021 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 2016 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2021 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is GREENWAYS?

GREENWAYS is 61m² according to the EPC inspection conducted in July 2016. 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 GREENWAYS lies on this distribution: 11% of detached houses are smaller than GREENWAYS, and 88% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

GREENWAYS: Plot and Title Map

GREENWAYS sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of GREENWAYS, 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 GREENWAYS). 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 GREENWAYS?

GREENWAYS is located on PRINCE STREET in WISBECH, in the PE13 postcode district. The below map shows the position of GREENWAYS on PRINCE STREET.