5, RIGG CLOSE, SOUTH BRINK, WISBECH, PE14 0SS - £122,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

5 RIGG CLOSE is a very small detached house of 55m², built sometime between 1996 and 2002. It was last sold for £122,500 in October 2012, which was around 28% below the average October 2012 detached price in the Fenland local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

5 RIGG CLOSE Sold Prices

Land registry data shows three sales for 5 RIGG CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the three 5 RIGG CLOSE 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
2012 3 OCT	£122,500	£169,295	28% below HPI
1997 24 OCT	£52,500	£61,730	15% below HPI
1996 30 APR	£47,950	£55,878	14% below HPI

5 RIGG 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 three 5 RIGG CLOSE sales between April 1996 and October 2012 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 October 1997 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2012 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 5 RIGG CLOSE?

5 RIGG CLOSE is 55m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 10% 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 RIGG CLOSE lies on this distribution: 2% of detached houses are smaller than 5 RIGG CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

5 RIGG CLOSE: Plot and Title Map

5 RIGG CLOSE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 5 RIGG 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 RIGG 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 RIGG CLOSE?

5 RIGG CLOSE is located in SOUTH BRINK, in the PE14 postcode district. The below map shows the position of No. 5 on RIGG CLOSE.