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

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

5 FIRST AVENUE is a very large extended detached house of 159m², built sometime between 1950 and 1966. It was last sold for £225,000 in August 2016, which was around 1% above 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. Most of the four 5 FIRST AVENUE 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
2016 19 AUG	£225,000	£223,055	1% above HPI
2013 22 JUL	£225,000	£171,437	31% above HPI
2005 15 DEC	£185,000	£178,453	4% above HPI
2003 14 NOV	£150,000	£154,119	3% 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 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the August 2016 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

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 in Wisbech, based on EPC data. The below chart shows the distribution of detached houses by size in Wisbech, and where 5 FIRST AVENUE lies on this distribution: 87% of detached 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.