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
55 WESTMEAD AVENUE is a midsized extended detached house of 101m², built sometime between 1991 and 1995. It was last sold for £230,000 in December 2016, which was about the average December 2016 detached price in the Fenland local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows six sales for 55 WESTMEAD AVENUE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. The six 55 WESTMEAD AVENUE sales were a mix of roughly equal to the average price, above the average price, and 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 12 DEC | £230,000 | £229,566 | Close to HPI |
2006 29 AUG | £179,995 | £184,521 | 2% below HPI |
2004 7 OCT | £175,000 | £170,468 | 3% above HPI |
2003 23 JUN | £155,000 | £149,051 | 4% above HPI |
2000 7 MAR | £90,000 | £76,959 | 17% above HPI |
1998 5 OCT | £72,500 | £68,077 | 6% above HPI |
The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The six 55 WESTMEAD AVENUE sales between October 1998 and December 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 August 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2016 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
55 WESTMEAD AVENUE is 101m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 50% of detached houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses by size in Wisbech, and where 55 WESTMEAD AVENUE lies on this distribution: 48% of detached houses are smaller than 55 WESTMEAD AVENUE, and 51% of houses are larger. Note that EPC data is not available for all properties in Wisbech.
55 WESTMEAD AVENUE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 55 WESTMEAD 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 55 WESTMEAD 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.
55 WESTMEAD AVENUE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 55 on WESTMEAD AVENUE.