10, THE BANK, PARSON DROVE, WISBECH, PE13 4JD - £180,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 THE BANK is a small extended semi-detached house of 105m², built sometime between 1976 and 1982, which could now be worth an estimated £189,651. It was last sold for £180,000 in December 2023, which was around 9% below the average December 2023 semi-detached price in the Fenland local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

10 THE BANK Sold Prices

Land registry data shows three sales for 10 THE BANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Fenland local authority area for the corresponding sale date. Two of the three 10 THE BANK sales were for below the average price, whilst one was 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
2023 20 DEC	£180,000	£197,594	9% below HPI
2015 14 AUG	£98,000	£133,134	26% below HPI
2003 17 APR	£106,000	£88,590	20% above HPI

10 THE BANK Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Fenland local authority area over time, sourced from the HPI. The three 10 THE BANK sales between April 2003 and December 2023 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 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2023 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 10 THE BANK be worth now?

10 THE BANK might now be worth an estimated £189,651.

This is based on house price inflation of 5.4%, between December 2023 and February 2025, for semi-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 5.4% inflationary increase is applied to the most recent sale price for 10 THE BANK of £180,000 on 20th December 2023. For the value to have increased from £180,000 to £189,651 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of 10 THE BANK has moved in line with the HPI for semi-detached houses in the Fenland local authority area.
• The December 2023 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 10 THE BANK has not materially changed since December 2023.

How Large is 10 THE BANK?

10 THE BANK is 105m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the smallest 30% of semi-detached houses houses in Parson Drove, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Parson Drove, and where 10 THE BANK lies on this distribution: 22% of semi-detached houses houses are smaller than 10 THE BANK, and 76% of houses are larger. Note that EPC data is not available for all properties in Parson Drove.

10 THE BANK: Plot and Title Map

10 THE BANK sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 10 THE BANK, 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 10 THE BANK). 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 10 THE BANK?

10 THE BANK is located in PARSON DROVE, in the PE13 postcode district. The below map shows the position of No. 10 on THE BANK.