44, PROSPECT PLACE, WISBECH, PE13 2QH - £137,500

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.

44 PROSPECT PLACE is a very small semi-detached house of 70m², built sometime between 2003 and 2006, which could now be worth an estimated £158,588. It was last sold for £137,500 in June 2021, which was around 24% below the average June 2021 semi-detached price in the Fenland local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

44 PROSPECT PLACE Sold Prices

Land registry data shows two sales for 44 PROSPECT PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Fenland local authority area for the corresponding sale date. Both of the two 44 PROSPECT PLACE 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
2021 23 JUN	£137,500	£180,504	24% below HPI
2004 5 MAR	£84,995	£101,467	16% below HPI

44 PROSPECT PLACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Fenland local authority area over time, sourced from the HPI. The two 44 PROSPECT PLACE sales from March 2004 and June 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 2004 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 44 PROSPECT PLACE be worth now?

44 PROSPECT PLACE might now be worth an estimated £158,588.

This is based on house price inflation of 15.3%, between June 2021 and February 2025, for semi-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 15.3% inflationary increase is applied to the most recent sale price for 44 PROSPECT PLACE of £137,500 on 23rd June 2021. For the value to have increased from £137,500 to £158,588 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 44 PROSPECT PLACE has moved in line with the HPI for semi-detached houses in the Fenland local authority area.
• The June 2021 sale price of £137,500 represented a fair market value for the property.
• The size, condition, and specification of 44 PROSPECT PLACE has not materially changed since June 2021.

How Large is 44 PROSPECT PLACE?

44 PROSPECT PLACE is 70m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 20% of semi-detached houses houses in Wisbech, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wisbech, and where 44 PROSPECT PLACE lies on this distribution: 18% of semi-detached houses houses are smaller than 44 PROSPECT PLACE, and 81% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

44 PROSPECT PLACE: Plot and Title Map

44 PROSPECT PLACE sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 44 PROSPECT PLACE, 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 44 PROSPECT PLACE). 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 44 PROSPECT PLACE?

44 PROSPECT PLACE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 44 on PROSPECT PLACE.