18, FALKLANDS DRIVE, WISBECH, PE13 2HX - £218,000

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.

18 FALKLANDS DRIVE is a midsized detached house of 98m², built sometime between 1983 and 1990, which could now be worth an estimated £254,079. It was last sold for £218,000 in March 2021, which was around 19% below the average March 2021 detached price in the Fenland local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

18 FALKLANDS DRIVE Sold Prices

Land registry data shows four sales for 18 FALKLANDS DRIVE 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 18 FALKLANDS DRIVE 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
2021 19 MAR	£218,000	£270,077	19% below HPI
2017 13 DEC	£157,000	£249,622	37% below HPI
2007 7 MAR	£144,950	£192,777	25% below HPI
2000 19 APR	£70,000	£81,155	14% below HPI

18 FALKLANDS DRIVE 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 18 FALKLANDS DRIVE sales between April 2000 and March 2021 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 December 2017 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2021 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 18 FALKLANDS DRIVE be worth now?

18 FALKLANDS DRIVE might now be worth an estimated £254,079.

This is based on house price inflation of 16.6%, between March 2021 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 16.6% inflationary increase is applied to the most recent sale price for 18 FALKLANDS DRIVE of £218,000 on 19th March 2021. For the value to have increased from £218,000 to £254,079 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 18 FALKLANDS DRIVE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The March 2021 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 18 FALKLANDS DRIVE has not materially changed since March 2021.

How Large is 18 FALKLANDS DRIVE?

18 FALKLANDS DRIVE is 98m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 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 18 FALKLANDS DRIVE lies on this distribution: 45% of detached houses houses are smaller than 18 FALKLANDS DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

18 FALKLANDS DRIVE: Plot and Title Map

18 FALKLANDS DRIVE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 18 FALKLANDS DRIVE, 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 18 FALKLANDS DRIVE). 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 18 FALKLANDS DRIVE?

18 FALKLANDS DRIVE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 18 on FALKLANDS DRIVE.