107, NEW DROVE, WISBECH, PE13 2SA - £175,000

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

107 NEW DROVE is a small detached house of 82m², built sometime between 2003 and 2006, which could now be worth an estimated £168,145. It was last sold for £175,000 in September 2023, which was around 46% below the average September 2023 detached price in the Fenland local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

107 NEW DROVE Sold Prices

Land registry data shows three sales for 107 NEW DROVE 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. Two of the three 107 NEW DROVE 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 1 SEP	£175,000	£321,953	46% below HPI
2004 16 APR	£200,000	£162,702	23% above HPI
1995 22 SEP	£32,500	£58,051	44% below HPI

107 NEW DROVE 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 107 NEW DROVE sales between September 1995 and September 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 April 2004 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the September 2023 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 107 NEW DROVE be worth now?

107 NEW DROVE might now be worth an estimated £168,145.

This is based on house price deflation of 3.9%, between September 2023 and December 2024, 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 3.9% deflationary decrease is applied to the most recent sale price for 107 NEW DROVE of £175,000 on 1st September 2023. For the value to have decreased from £175,000 to £168,145 over the nine months to December 2024, the following assumptions must hold true:

• The value of 107 NEW DROVE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The September 2023 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 107 NEW DROVE has not materially changed since September 2023.

How Large is 107 NEW DROVE?

107 NEW DROVE is 82m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 30% 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 107 NEW DROVE lies on this distribution: 30% of detached houses houses are smaller than 107 NEW DROVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

107 NEW DROVE: Plot and Title Map

107 NEW DROVE sits on a plot of roughly 0.034 of an acre, or 138m². The below map shows the location of 107 NEW DROVE, 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 107 NEW DROVE). 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 107 NEW DROVE?

107 NEW DROVE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 107 on NEW DROVE.