12, WELBECK ROAD, WISBECH, PE13 2JY - £232,500

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 WELBECK ROAD is a midsized extended detached house of 108m², built sometime between 1983 and 1990, which could now be worth an estimated £282,733. It was last sold for £232,500 in September 2018, which was around 10% below the average September 2018 detached price in the Fenland local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

12 WELBECK ROAD Sold Prices

Land registry data shows two sales for 12 WELBECK ROAD 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 WELBECK ROAD 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
2018 17 SEP	£232,500	£258,849	10% below HPI
2012 13 FEB	£137,500	£177,539	23% below HPI

12 WELBECK ROAD 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 WELBECK ROAD sales from February 2012 and September 2018 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 February 2012 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2018 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 12 WELBECK ROAD be worth now?

12 WELBECK ROAD might now be worth an estimated £282,733.

This is based on house price inflation of 21.6%, between September 2018 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 21.6% inflationary increase is applied to the most recent sale price for 12 WELBECK ROAD of £232,500 on 17th September 2018. For the value to have increased from £232,500 to £282,733 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 12 WELBECK ROAD has moved in line with the HPI for detached houses in the Fenland local authority area.
• The September 2018 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of 12 WELBECK ROAD has not materially changed since September 2018.

How Large is 12 WELBECK ROAD?

12 WELBECK ROAD is 108m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 50% 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 WELBECK ROAD lies on this distribution: 57% of detached houses houses are smaller than 12 WELBECK ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

12 WELBECK ROAD: Plot and Title Map

12 WELBECK ROAD sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 12 WELBECK ROAD, 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 WELBECK ROAD). 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 WELBECK ROAD?

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