5, PETTS CLOSE, WISBECH, PE13 3QE - £165,000

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 PETTS CLOSE is a small detached house of 74m², built sometime between 1996 and 2002. It was last sold for £165,000 in February 2017, which was around 29% below the average February 2017 detached price in the Fenland local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

5 PETTS CLOSE Sold Prices

Land registry data shows two sales for 5 PETTS CLOSE since 1^st 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. One of the two 5 PETTS CLOSE sales was for below the average price, whilst the other was 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
2017 10 FEB	£165,000	£231,246	29% below HPI
1997 30 JAN	£65,000	£54,768	19% above HPI

5 PETTS CLOSE 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 two 5 PETTS CLOSE sales from January 1997 and February 2017 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 1997 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the February 2017 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 5 PETTS CLOSE?

5 PETTS CLOSE is 74m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 30% 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 PETTS CLOSE lies on this distribution: 22% of detached houses are smaller than 5 PETTS CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

5 PETTS CLOSE: Plot and Title Map

5 PETTS CLOSE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 5 PETTS CLOSE, 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 PETTS CLOSE). 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 PETTS CLOSE?

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