3, MEDWAY CLOSE, WISBECH, PE13 2LA - £200,000

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.

3 MEDWAY CLOSE is a midsized extended detached house of 109m², built sometime between 1983 and 1990, which could now be worth an estimated £252,201. It was last sold for £200,000 in December 2017, which was around 20% below the average December 2017 detached price in the Fenland local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was B.

3 MEDWAY CLOSE Sold Prices

Land registry data shows four sales for 3 MEDWAY CLOSE 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. All of the four 3 MEDWAY 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
2017 20 DEC	£200,000	£249,622	20% below HPI
2014 12 NOV	£160,000	£195,302	18% below HPI
2013 15 JUL	£150,000	£175,525	15% below HPI
2006 30 JUN	£162,000	£182,445	11% below HPI

3 MEDWAY 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 four 3 MEDWAY CLOSE sales between June 2006 and December 2017 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 November 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2017 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 3 MEDWAY CLOSE be worth now?

3 MEDWAY CLOSE might now be worth an estimated £252,201.

This is based on house price inflation of 26.1%, between December 2017 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 26.1% inflationary increase is applied to the most recent sale price for 3 MEDWAY CLOSE of £200,000 on 20th December 2017. For the value to have increased from £200,000 to £252,201 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 MEDWAY CLOSE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The December 2017 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MEDWAY CLOSE has not materially changed since December 2017.

How Large is 3 MEDWAY CLOSE?

3 MEDWAY CLOSE is 109m², which includes one extension, according to the EPC inspection conducted in September 2024. This puts it in the largest 50% 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 3 MEDWAY CLOSE lies on this distribution: 58% of detached houses houses are smaller than 3 MEDWAY CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

3 MEDWAY CLOSE: Plot and Title Map

3 MEDWAY CLOSE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 3 MEDWAY 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 3 MEDWAY 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 3 MEDWAY CLOSE?

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