12, OAKLEY CLOSE, WISBECH, PE13 2JZ - £177,000

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.

12 OAKLEY CLOSE is a small extended detached house of 86m², built sometime between 1976 and 1982, which could now be worth an estimated £269,274. It was last sold for £177,000 in July 2015, which was around 14% below the average July 2015 detached price in the Fenland local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

12 OAKLEY CLOSE Sold Prices

Land registry data shows two sales for 12 OAKLEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. Both of the two 12 OAKLEY 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
2015 24 JUL	£177,000	£206,909	14% below HPI
2000 25 SEP	£73,000	£90,487	19% below HPI

12 OAKLEY 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 two 12 OAKLEY CLOSE sales from September 2000 and July 2015 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 2000 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2015 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 12 OAKLEY CLOSE be worth now?

12 OAKLEY CLOSE might now be worth an estimated £269,274.

This is based on house price inflation of 52.1%, between July 2015 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 52.1% inflationary increase is applied to the most recent sale price for 12 OAKLEY CLOSE of £177,000 on 24th July 2015. For the value to have increased from £177,000 to £269,274 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 12 OAKLEY CLOSE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The July 2015 sale price of £177,000 represented a fair market value for the property.
• The size, condition, and specification of 12 OAKLEY CLOSE has not materially changed since July 2015.

How Large is 12 OAKLEY CLOSE?

12 OAKLEY CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% 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 12 OAKLEY CLOSE lies on this distribution: 33% of detached houses houses are smaller than 12 OAKLEY CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

12 OAKLEY CLOSE: Plot and Title Map

12 OAKLEY CLOSE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 12 OAKLEY 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 OAKLEY 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 OAKLEY CLOSE?

12 OAKLEY CLOSE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 12 on OAKLEY CLOSE.