3, LEBANON DRIVE, WISBECH, PE13 3RX - £305,000

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

3 LEBANON DRIVE is a very large extended detached house of 216m², built sometime between 1991 and 1995. It was last sold for £305,000 in March 2021, which was around 16% above the average March 2021 detached price in the Fenland local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

3 LEBANON DRIVE Sold Prices

Land registry data shows four sales for 3 LEBANON DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. Most of the four 3 LEBANON DRIVE sales were for above 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
2021 12 MAR	£305,000	£263,787	16% above HPI
2016 31 MAR	£299,995	£214,106	40% above HPI
2009 20 NOV	£245,000	£165,306	48% above HPI
1995 30 JUN	£51,500	£55,254	7% below HPI

3 LEBANON DRIVE 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 four 3 LEBANON DRIVE sales between June 1995 and March 2021 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 March 2016 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the March 2021 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 3 LEBANON DRIVE?

3 LEBANON DRIVE is 216m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 10% of detached houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses by size in Wisbech, and where 3 LEBANON DRIVE lies on this distribution: 96% of detached houses are smaller than 3 LEBANON DRIVE, and 4% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

3 LEBANON DRIVE: Plot and Title Map

3 LEBANON DRIVE sits on a plot of roughly 0.131 of an acre, or 528m². The below map shows the location of 3 LEBANON DRIVE, 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 3 LEBANON DRIVE). 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 3 LEBANON DRIVE?

3 LEBANON DRIVE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 3 on LEBANON DRIVE.