26, THE BANK, PARSON DROVE, WISBECH, PE13 4JD - £221,000

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

26 THE BANK is a small detached house of 122m², built sometime between 1976 and 1982. It was last sold for £221,000 in October 2018, which was around 13% below the average October 2018 detached price in the Fenland local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

26 THE BANK Sold Prices

Land registry data shows two sales for 26 THE BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. Both of the two 26 THE 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
2018 22 OCT	£221,000	£253,721	13% below HPI
2017 18 DEC	£149,995	£243,808	38% below HPI

26 THE 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 two 26 THE BANK sales from December 2017 and October 2018 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 2017 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2018 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 26 THE BANK?

26 THE BANK is 122m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 40% of detached houses in Parson Drove, based on EPC data. The below chart shows the distribution of detached houses by size in Parson Drove, and where 26 THE BANK lies on this distribution: 38% of detached houses are smaller than 26 THE BANK, and 62% of houses are larger. Note that EPC data is not available for all properties in Parson Drove.

26 THE BANK: Plot and Title Map

26 THE BANK sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 26 THE 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 26 THE 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 26 THE BANK?

26 THE BANK is located in PARSON DROVE, in the PE13 postcode district. The below map shows the position of No. 26 on THE BANK.