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
27 BUSH LANE is a very small detached house of 64m², built sometime between 1967 and 1975. It was last sold for £212,500 in March 2022, which was around 30% below the average March 2022 detached price in the Fenland local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 27 BUSH LANE since 1st 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. All of the three 27 BUSH LANE 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 |
---|---|---|---|
2022 31 MAR | £212,500 | £301,692 | 30% below HPI |
2014 29 AUG | £138,995 | £189,300 | 27% below HPI |
2002 31 JAN | £79,000 | £105,426 | 25% below HPI |
The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The three 27 BUSH LANE sales between January 2002 and March 2022 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 August 2014 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.
27 BUSH LANE is 64m² according to the EPC inspection conducted in January 2014. 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 27 BUSH LANE lies on this distribution: 13% of detached houses are smaller than 27 BUSH LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Wisbech.
27 BUSH LANE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 27 BUSH LANE, 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 27 BUSH LANE). 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.
27 BUSH LANE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 27 on BUSH LANE.