16, THIRD AVENUE, WISBECH, PE13 2BJ - £161,000

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

16 THIRD AVENUE is a small detached house of 88m², built sometime between 1976 and 1982. It was last sold for £161,000 in December 2006, which was around 13% below the average December 2006 detached price in the Fenland local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

16 THIRD AVENUE Sold Prices

Land registry data shows two sales for 16 THIRD AVENUE 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. One of the two 16 THIRD AVENUE sales was for below the average price, whilst the other 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
2006 22 DEC	£161,000	£185,246	13% below HPI
2002 23 JAN	£110,000	£105,426	4% above HPI

16 THIRD AVENUE 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 16 THIRD AVENUE sales from January 2002 and December 2006 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 January 2002 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the December 2006 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 16 THIRD AVENUE?

16 THIRD AVENUE is 88m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 40% of detached houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses by size in Wisbech, and where 16 THIRD AVENUE lies on this distribution: 35% of detached houses are smaller than 16 THIRD AVENUE, and 64% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

16 THIRD AVENUE: Plot and Title Map

16 THIRD AVENUE sits on a plot of roughly 0.190 of an acre, or 767m². The below map shows the location of 16 THIRD AVENUE, 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 16 THIRD AVENUE). 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 16 THIRD AVENUE?

16 THIRD AVENUE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 16 on THIRD AVENUE.