11, PETTS CLOSE, WISBECH, PE13 3QE - £172,000

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

11 PETTS CLOSE is a very small detached house of 59m², built sometime between 1996 and 2002. It was last sold for £172,000 in November 2020, which was around 34% below the average November 2020 detached price in the Fenland local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

11 PETTS CLOSE Sold Prices

Land registry data shows three sales for 11 PETTS CLOSE 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 11 PETTS CLOSE 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
2020 20 NOV	£172,000	£260,356	34% below HPI
2009 12 JUN	£122,000	£157,674	23% below HPI
1997 31 JUL	£52,000	£58,407	11% below HPI

11 PETTS 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 three 11 PETTS CLOSE sales between July 1997 and November 2020 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 2009 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2020 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 11 PETTS CLOSE?

11 PETTS CLOSE is 59m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of detached houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses by size in Wisbech, and where 11 PETTS CLOSE lies on this distribution: 7% of detached houses are smaller than 11 PETTS CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

11 PETTS CLOSE: Plot and Title Map

11 PETTS CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 11 PETTS 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 11 PETTS 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 11 PETTS CLOSE?

11 PETTS CLOSE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 11 on PETTS CLOSE.