194, ELM LOW ROAD, WISBECH, PE14 0DF - £160,000

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

194 ELM LOW ROAD is a very small detached house of 67m², built sometime between 2003 and 2006. It was last sold for £160,000 in December 2016, which was around 30% below the average December 2016 detached price in the Fenland local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

194 ELM LOW ROAD Sold Prices

Land registry data shows four sales for 194 ELM LOW ROAD 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 194 ELM LOW 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
2016 2 DEC	£160,000	£229,566	30% below HPI
2010 19 NOV	£115,000	£169,271	32% below HPI
2006 28 FEB	£98,000	£178,498	45% below HPI
2002 28 JUN	£74,000	£115,675	36% below HPI

194 ELM LOW 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 four 194 ELM LOW ROAD sales between June 2002 and December 2016 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 November 2010 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2016 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 194 ELM LOW ROAD?

194 ELM LOW ROAD is 67m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% of detached houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses by size in Wisbech, and where 194 ELM LOW ROAD lies on this distribution: 15% of detached houses are smaller than 194 ELM LOW ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

194 ELM LOW ROAD: Plot and Title Map

194 ELM LOW ROAD sits on a plot of roughly 0.048 of an acre, or 192m². The below map shows the location of 194 ELM LOW 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 194 ELM LOW 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 194 ELM LOW ROAD?

194 ELM LOW ROAD is located in WISBECH, in the PE14 postcode district. The below map shows the position of No. 194 on ELM LOW ROAD.