50, PROSPECT PLACE, WISBECH, PE13 2QH - £119,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

50 PROSPECT PLACE is a very small semi-detached house of 68m², built sometime between 1996 and 2002, which could now be worth an estimated £170,085. It was last sold for £119,000 in July 2016, which was around 18% below the average July 2016 semi-detached price in the Fenland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was A.

50 PROSPECT PLACE Sold Prices

Land registry data shows two sales for 50 PROSPECT PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Fenland local authority area for the corresponding sale date. Both of the two 50 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
2016 22 JUL	£119,000	£145,659	18% below HPI
2004 5 MAR	£84,995	£101,467	16% below HPI

50 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 two 50 PROSPECT PLACE sales from March 2004 and July 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 March 2004 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2016 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 50 PROSPECT PLACE be worth now?

50 PROSPECT PLACE might now be worth an estimated £170,085.

This is based on house price inflation of 42.9%, between July 2016 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 42.9% inflationary increase is applied to the most recent sale price for 50 PROSPECT PLACE of £119,000 on 22nd July 2016. For the value to have increased from £119,000 to £170,085 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 50 PROSPECT PLACE has moved in line with the HPI for semi-detached houses in the Fenland local authority area.
• The July 2016 sale price of £119,000 represented a fair market value for the property.
• The size, condition, and specification of 50 PROSPECT PLACE has not materially changed since July 2016.

How Large is 50 PROSPECT PLACE?

50 PROSPECT PLACE is 68m² according to the EPC inspection conducted in April 2016. 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 50 PROSPECT PLACE lies on this distribution: 16% of semi-detached houses houses are smaller than 50 PROSPECT PLACE, and 83% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

50 PROSPECT PLACE: Plot and Title Map

50 PROSPECT PLACE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 50 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 50 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 50 PROSPECT PLACE?

50 PROSPECT PLACE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 50 on PROSPECT PLACE.