2, RIVERSIDE WAY, SOUTH BRINK, WISBECH, PE14 0SP - £190,000

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

2 RIVERSIDE WAY is a very small detached house of 57m², built sometime between 1991 and 1995. It was last sold for £190,000 in September 2021, which was around 31% below the average September 2021 detached price in the Fenland local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

2 RIVERSIDE WAY Sold Prices

Land registry data shows five sales for 2 RIVERSIDE WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the five 2 RIVERSIDE WAY 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 3 SEP	£190,000	£276,948	31% below HPI
2019 2 MAY	£155,000	£250,626	38% below HPI
2006 31 OCT	£134,995	£181,088	25% below HPI
1998 17 JUL	£58,850	£67,826	13% below HPI
1995 30 OCT	£47,950	£54,823	13% below HPI

2 RIVERSIDE WAY 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 five 2 RIVERSIDE WAY sales between October 1995 and September 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 May 2019 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 RIVERSIDE WAY?

2 RIVERSIDE WAY is 57m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 10% of detached houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses by size in Wisbech, and where 2 RIVERSIDE WAY lies on this distribution: 3% of detached houses are smaller than 2 RIVERSIDE WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

2 RIVERSIDE WAY: Plot and Title Map

2 RIVERSIDE WAY sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 2 RIVERSIDE WAY, 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 2 RIVERSIDE WAY). 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 2 RIVERSIDE WAY?

2 RIVERSIDE WAY is located in SOUTH BRINK, in the PE14 postcode district. The below map shows the position of No. 2 on RIVERSIDE WAY.