28, THE BANK, PARSON DROVE, WISBECH, PE13 4JD - £224,500

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

28 THE BANK is a midsized detached house of 125m², built sometime before 1900. It was last sold for £224,500 in September 2016, which was around 1% below the average September 2016 detached price in the Fenland local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

28 THE BANK Sold Prices

Land registry data shows two sales for 28 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 28 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
2016 30 SEP	£224,500	£226,503	1% below HPI
2014 10 OCT	£167,500	£189,399	12% below HPI

28 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 28 THE BANK sales from October 2014 and September 2016 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 October 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2016 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 28 THE BANK?

28 THE BANK is 125m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% 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 28 THE BANK lies on this distribution: 45% of detached houses are smaller than 28 THE BANK, and 54% of houses are larger. Note that EPC data is not available for all properties in Parson Drove.

28 THE BANK: Plot and Title Map

28 THE BANK sits on a plot of roughly 0.226 of an acre, or 914m². The below map shows the location of 28 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 28 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 28 THE BANK?

28 THE BANK is located in PARSON DROVE, in the PE13 postcode district. The below map shows the position of No. 28 on THE BANK.