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
37 THE BANK is a large detached house of 139m², built sometime before 1900. It was last sold for £310,000 in November 2015, which was around 48% above the average November 2015 detached price in the Fenland local authority area. The most recent EPC inspection was June 2011, where the current energy rating was F, and the potential energy rating was E.
Land registry data shows two sales for 37 THE BANK since 1st 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 37 THE BANK 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 |
---|---|---|---|
2015 4 NOV | £310,000 | £209,028 | 48% above HPI |
2002 31 JAN | £200,000 | £105,426 | 90% above HPI |
The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The two 37 THE BANK sales from January 2002 and November 2015 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 January 2002 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the November 2015 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.
37 THE BANK is 139m² according to the EPC inspection conducted in June 2011. This puts it in the largest 40% 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 37 THE BANK lies on this distribution: 61% of detached houses are smaller than 37 THE BANK, and 39% of houses are larger. Note that EPC data is not available for all properties in Parson Drove.
37 THE BANK sits on a plot of roughly 0.386 of an acre, or 1,562m². The below map shows the location of 37 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 37 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.
37 THE BANK is located in PARSON DROVE, in the PE13 postcode district. The below map shows the position of No. 37 on THE BANK.