5, FIRST AVENUE, WISBECH, PE13 2BH - £225,000

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.

5 FIRST AVENUE is a very large extended detached house of 159m², built sometime between 1950 and 1966, which could now be worth an estimated £310,125. It was last sold for £225,000 in August 2016, which was around 1% below the average August 2016 detached price in the Fenland local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

5 FIRST AVENUE Sold Prices

Land registry data shows four sales for 5 FIRST AVENUE 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. two of the four 5 FIRST AVENUE sales were for below the average price, and four 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
2016 19 AUG	£225,000	£228,374	1% below HPI
2013 22 JUL	£225,000	£175,525	28% above HPI
2005 15 DEC	£185,000	£182,708	1% above HPI
2003 14 NOV	£150,000	£157,794	5% below HPI

5 FIRST AVENUE 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 5 FIRST AVENUE sales between November 2003 and August 2016 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 July 2013 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the August 2016 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 5 FIRST AVENUE be worth now?

5 FIRST AVENUE might now be worth an estimated £310,125.

This is based on house price inflation of 37.8%, between August 2016 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 37.8% inflationary increase is applied to the most recent sale price for 5 FIRST AVENUE of £225,000 on 19th August 2016. For the value to have increased from £225,000 to £310,125 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 5 FIRST AVENUE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The August 2016 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FIRST AVENUE has not materially changed since August 2016.

How Large is 5 FIRST AVENUE?

5 FIRST AVENUE is 159m², which includes two extensions, according to the EPC inspection conducted in September 2009. This puts it in the largest 20% 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 5 FIRST AVENUE lies on this distribution: 87% of detached houses houses are smaller than 5 FIRST AVENUE, and 13% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

5 FIRST AVENUE: Plot and Title Map

5 FIRST AVENUE sits on a plot of roughly 0.171 of an acre, or 691m². The below map shows the location of 5 FIRST AVENUE, 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 5 FIRST AVENUE). 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 5 FIRST AVENUE?

5 FIRST AVENUE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 5 on FIRST AVENUE.