1, THE WATER GARDENS, WISBECH, PE13 1LD - £320,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 THE WATER GARDENS is a very large extended detached house of 542m², built sometime between 1976 and 1982, which could now be worth an estimated £414,454. It was last sold for £320,000 in June 2017, which was around 32% above the average June 2017 detached price in the Fenland local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

1 THE WATER GARDENS Sold Prices

Land registry data shows four sales for 1 THE WATER GARDENS 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 1 THE WATER GARDENS sales were for above 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 30 JUN	£320,000	£243,038	32% above HPI
2017 2 JUN	£300,000	£243,038	23% above HPI
1996 23 JAN	£100,000	£56,327	78% above HPI
1995 19 MAY	£92,500	£58,055	59% above HPI

1 THE WATER GARDENS 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 1 THE WATER GARDENS sales between May 1995 and June 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 June 2017 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the June 2017 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 1 THE WATER GARDENS be worth now?

1 THE WATER GARDENS might now be worth an estimated £414,454.

This is based on house price inflation of 29.5%, between June 2017 and February 2025, for detached houses, in the Fenland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.5% inflationary increase is applied to the most recent sale price for 1 THE WATER GARDENS of £320,000 on 30th June 2017. For the value to have increased from £320,000 to £414,454 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 1 THE WATER GARDENS has moved in line with the HPI for detached houses in the Fenland local authority area.
• The June 2017 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE WATER GARDENS has not materially changed since June 2017.

How Large is 1 THE WATER GARDENS?

1 THE WATER GARDENS is 542m², which includes three extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 10% of detached houses houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wisbech, and where 1 THE WATER GARDENS lies on this distribution: More than 99% of detached houses houses are smaller than 1 THE WATER GARDENS, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

1 THE WATER GARDENS: Plot and Title Map

1 THE WATER GARDENS sits on a plot of roughly 1.8 acres, or 7,258m². The below map shows the location of 1 THE WATER GARDENS, 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 THE WATER GARDENS). 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 THE WATER GARDENS?

1 THE WATER GARDENS is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 1 on THE WATER GARDENS.