28, PETTS CLOSE, WISBECH, PE13 3QE - £125,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

28 PETTS CLOSE is a very small detached house of 57m², built sometime between 1996 and 2002, which could now be worth an estimated £199,506. It was last sold for £125,000 in December 2014, which was around 37% below the average December 2014 detached price in the Fenland local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

28 PETTS CLOSE Sold Prices

Land registry data shows three sales for 28 PETTS CLOSE 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. All of the three 28 PETTS CLOSE 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
2014 5 DEC	£125,000	£197,222	37% below HPI
2002 19 JUN	£86,000	£118,434	27% below HPI
1998 25 SEP	£53,500	£70,178	24% below HPI

28 PETTS CLOSE 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 28 PETTS CLOSE sales between September 1998 and December 2014 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 June 2002 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2014 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 28 PETTS CLOSE be worth now?

28 PETTS CLOSE might now be worth an estimated £199,506.

This is based on house price inflation of 59.6%, between December 2014 and February 2025, for detached houses, in the Fenland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59.6% inflationary increase is applied to the most recent sale price for 28 PETTS CLOSE of £125,000 on 5th December 2014. For the value to have increased from £125,000 to £199,506 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 28 PETTS CLOSE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The December 2014 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 28 PETTS CLOSE has not materially changed since December 2014.

How Large is 28 PETTS CLOSE?

28 PETTS CLOSE is 57m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wisbech, and where 28 PETTS CLOSE lies on this distribution: 3% of detached houses houses are smaller than 28 PETTS CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

28 PETTS CLOSE: Plot and Title Map

28 PETTS CLOSE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 28 PETTS CLOSE, 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 28 PETTS CLOSE). 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 28 PETTS CLOSE?

28 PETTS CLOSE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 28 on PETTS CLOSE.