345, NORWICH ROAD, WISBECH, PE13 3UQ - £125,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

345 NORWICH ROAD is a large detached house of 116m², built sometime between 2003 and 2006, which could now be worth an estimated £199,509. It was last sold for £125,000 in August 2014, which was around 36% below the average August 2014 detached price in the Fenland local authority area. The most recent EPC inspection was November 2008, where the current energy rating was C, and the potential energy rating was C.

345 NORWICH ROAD Sold Prices

Land registry data shows five sales for 345 NORWICH ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the five 345 NORWICH ROAD 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 22 AUG	£125,000	£193,815	36% below HPI
2004 23 APR	£30,000	£162,702	82% below HPI
2003 23 MAY	£41,250	£148,634	72% below HPI
2001 14 AUG	£28,000	£100,090	72% below HPI
1998 6 JUL	£60,000	£69,444	14% below HPI

345 NORWICH ROAD 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 five 345 NORWICH ROAD sales between July 1998 and August 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 April 2004 sale was for 82% below the HPI. So the extrapolation line tracks at 82% below the HPI over time, until the August 2014 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 345 NORWICH ROAD be worth now?

345 NORWICH ROAD might now be worth an estimated £199,509.

This is based on house price inflation of 59.6%, between August 2014 and December 2024, 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 345 NORWICH ROAD of £125,000 on 22nd August 2014. For the value to have increased from £125,000 to £199,509 over the nine years and eight months to December 2024, the following assumptions must hold true:

• The value of 345 NORWICH ROAD has moved in line with the HPI for detached houses in the Fenland local authority area.
• The August 2014 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 345 NORWICH ROAD has not materially changed since August 2014.

How Large is 345 NORWICH ROAD?

345 NORWICH ROAD is 116m² according to the EPC inspection conducted in November 2008. This puts it in the largest 40% 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 345 NORWICH ROAD lies on this distribution: 65% of detached houses houses are smaller than 345 NORWICH ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

345 NORWICH ROAD: Plot and Title Map

345 NORWICH ROAD sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 345 NORWICH ROAD, 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 345 NORWICH ROAD). 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 345 NORWICH ROAD?

345 NORWICH ROAD is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 345 on NORWICH ROAD.