1A, THE CHASE, WISBECH, PE13 1RX - £180,000

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

1A THE CHASE is a midsized extended detached house of 107m², built sometime between 1983 and 1990. It was last sold for £180,000 in November 2019, which was around 29% below the average November 2019 detached price in the Fenland local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

1A THE CHASE Sold Prices

Land registry data shows three sales for 1A THE CHASE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. Two of the three 1A THE CHASE sales were for below the average price, whilst one 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
2019 8 NOV	£180,000	£254,813	29% below HPI
2019 3 APR	£123,355	£251,835	51% below HPI
1998 19 NOV	£78,250	£69,491	13% above HPI

1A THE CHASE 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 three 1A THE CHASE sales between November 1998 and November 2019 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 April 2019 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the November 2019 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 1A THE CHASE?

1A THE CHASE is 107m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the largest 50% of detached houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses by size in Wisbech, and where 1A THE CHASE lies on this distribution: 55% of detached houses are smaller than 1A THE CHASE, and 44% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

1A THE CHASE: Plot and Title Map

1A THE CHASE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 1A THE CHASE, 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 1A THE CHASE). 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 1A THE CHASE?

1A THE CHASE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 1A on THE CHASE.