18B, MONEY BANK, WISBECH, PE13 2JN - £250,000

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.

18B MONEY BANK is a very large extended detached house of 167m², built sometime between 1950 and 1966, which could now be worth an estimated £298,494. It was last sold for £250,000 in October 2020, which was around 5% below the average October 2020 detached price in the Fenland local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

18B MONEY BANK Sold Prices

Land registry data shows four sales for 18B MONEY BANK 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 18B MONEY BANK 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
2020 26 OCT	£250,000	£263,636	5% below HPI
2010 3 DEC	£98,400	£174,234	44% below HPI
2006 26 MAY	£100,000	£180,720	45% below HPI
2000 29 FEB	£60,000	£77,183	22% below HPI

18B MONEY BANK 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 18B MONEY BANK sales between February 2000 and October 2020 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 2010 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the October 2020 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 18B MONEY BANK be worth now?

18B MONEY BANK might now be worth an estimated £298,494.

This is based on house price inflation of 19.4%, between October 2020 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 19.4% inflationary increase is applied to the most recent sale price for 18B MONEY BANK of £250,000 on 26th October 2020. For the value to have increased from £250,000 to £298,494 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 18B MONEY BANK has moved in line with the HPI for detached houses in the Fenland local authority area.
• The October 2020 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 18B MONEY BANK has not materially changed since October 2020.

How Large is 18B MONEY BANK?

18B MONEY BANK is 167m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 20% 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 18B MONEY BANK lies on this distribution: 89% of detached houses houses are smaller than 18B MONEY BANK, and 10% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

18B MONEY BANK: Plot and Title Map

18B MONEY BANK sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 18B MONEY BANK, 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 18B MONEY BANK). 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 18B MONEY BANK?

18B MONEY BANK is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 18B on MONEY BANK.