12, BANK CLOSE, WHITTLESEY, PETERBOROUGH, PE7 1UN - £425,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 BANK CLOSE is a large extended detached house of 132m², built sometime between 1950 and 1966. It was last sold for £425,000 in June 2023, which was around 41% above the average June 2023 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.

12 BANK CLOSE Sold Prices

Land registry data shows four sales for 12 BANK CLOSE 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 12 BANK CLOSE 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
2023 2 JUN	£425,000	£302,204	41% above HPI
2002 10 SEP	£129,995	£120,879	8% above HPI
2000 27 OCT	£98,500	£91,305	8% above HPI
1997 20 OCT	£73,000	£61,730	18% above HPI

12 BANK 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 four 12 BANK CLOSE sales between October 1997 and June 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 September 2002 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the June 2023 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 12 BANK CLOSE?

12 BANK CLOSE is 132m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 30% of detached houses in Whittlesey, based on EPC data. The below chart shows the distribution of detached houses by size in Whittlesey, and where 12 BANK CLOSE lies on this distribution: 70% of detached houses are smaller than 12 BANK CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Whittlesey.

12 BANK CLOSE: Plot and Title Map

12 BANK CLOSE sits on a plot of roughly 0.223 of an acre, or 901m². The below map shows the location of 12 BANK 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 12 BANK 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 12 BANK CLOSE?

12 BANK CLOSE is located in WHITTLESEY, in the PE7 postcode district. The below map shows the position of No. 12 on BANK CLOSE.