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
24 KOOREMAN AVENUE is a midsized detached house of 108m², built sometime between 1991 and 1995. It was last sold for £240,000 in August 2023, which was around 23% below the average August 2023 detached price in the Fenland local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 24 KOOREMAN AVENUE since 1st 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 24 KOOREMAN AVENUE 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 |
---|---|---|---|
2023 23 AUG | £240,000 | £312,047 | 23% below HPI |
2018 23 NOV | £212,500 | £254,261 | 16% below HPI |
2013 13 DEC | £160,000 | £176,802 | 10% below HPI |
2012 25 MAY | £146,500 | £166,727 | 12% below HPI |
2010 23 AUG | £147,000 | £173,344 | 15% below HPI |
The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The five 24 KOOREMAN AVENUE sales between August 2010 and August 2023 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 2018 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
24 KOOREMAN AVENUE is 108m² according to the EPC inspection conducted in May 2023. 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 24 KOOREMAN AVENUE lies on this distribution: 56% of detached houses are smaller than 24 KOOREMAN AVENUE, and 43% of houses are larger. Note that EPC data is not available for all properties in Wisbech.
24 KOOREMAN AVENUE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 24 KOOREMAN AVENUE, 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 24 KOOREMAN AVENUE). 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.
24 KOOREMAN AVENUE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 24 on KOOREMAN AVENUE.