48, PROSPECT PLACE, WISBECH, PE13 2QH - £170,000

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.

48 PROSPECT PLACE is a very small semi-detached house of 70m², built sometime between 2003 and 2006, which could now be worth an estimated £179,115. It was last sold for £170,000 in December 2023, which was around 14% below the average December 2023 semi-detached price in the Fenland local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

48 PROSPECT PLACE Sold Prices

Land registry data shows three sales for 48 PROSPECT PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Fenland local authority area for the corresponding sale date. All of the three 48 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
2023 12 DEC	£170,000	£197,594	14% below HPI
2010 4 JUN	£109,995	£113,358	3% below HPI
2004 4 MAR	£84,995	£101,467	16% below HPI

48 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 three 48 PROSPECT PLACE sales between March 2004 and December 2023 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 June 2010 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 48 PROSPECT PLACE be worth now?

48 PROSPECT PLACE might now be worth an estimated £179,115.

This is based on house price inflation of 5.4%, between December 2023 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 5.4% inflationary increase is applied to the most recent sale price for 48 PROSPECT PLACE of £170,000 on 12th December 2023. For the value to have increased from £170,000 to £179,115 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of 48 PROSPECT PLACE has moved in line with the HPI for semi-detached houses in the Fenland local authority area.
• The December 2023 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 48 PROSPECT PLACE has not materially changed since December 2023.

How Large is 48 PROSPECT PLACE?

48 PROSPECT PLACE is 70m² according to the EPC inspection conducted in February 2023. 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 48 PROSPECT PLACE lies on this distribution: 18% of semi-detached houses houses are smaller than 48 PROSPECT PLACE, and 81% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

48 PROSPECT PLACE: Plot and Title Map

48 PROSPECT PLACE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 48 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 48 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 48 PROSPECT PLACE?

48 PROSPECT PLACE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 48 on PROSPECT PLACE.