1, MADER CLOSE, PARSON DROVE, WISBECH, PE13 4AW - £285,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MADER CLOSE is a small detached house of 123m². It was last sold for £285,000 in August 2017, which was around 18% above the average August 2017 detached price in the Fenland local authority area. The most recent EPC inspection was June 2017, where the current energy rating was B, and the potential energy rating was B.

1 MADER CLOSE Sold Prices

Land registry data shows two sales for 1 MADER CLOSE 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. One of the two 1 MADER CLOSE sales was for above the average price, whilst the other was 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
2017 21 AUG	£285,000	£241,700	18% above HPI
2016 20 MAY	£210,000	£214,946	2% below HPI

1 MADER 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 two 1 MADER CLOSE sales from May 2016 and August 2017 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 2016 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2017 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 1 MADER CLOSE?

1 MADER CLOSE is 123m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 40% of detached houses in Parson Drove, based on EPC data. The below chart shows the distribution of detached houses by size in Parson Drove, and where 1 MADER CLOSE lies on this distribution: 39% of detached houses are smaller than 1 MADER CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Parson Drove.

1 MADER CLOSE: Plot and Title Map

1 MADER CLOSE sits on a plot of roughly 0.229 of an acre, or 926m². The below map shows the location of 1 MADER 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 1 MADER 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 1 MADER CLOSE?

1 MADER CLOSE is located in PARSON DROVE, in the PE13 postcode district. The below map shows the position of No. 1 on MADER CLOSE.