56, CHAPEL LANE, WIMBLINGTON, MARCH, PE15 0QX - £180,000

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

56 CHAPEL LANE is a very small extended detached house of 78m², built sometime before 1900. It was last sold for £180,000 in February 2020, which was around 28% below the average February 2020 detached price in the Fenland local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was B.

56 CHAPEL LANE Sold Prices

Land registry data shows five sales for 56 CHAPEL LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the five 56 CHAPEL LANE 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
2020 28 FEB	£180,000	£249,696	28% below HPI
2015 2 DEC	£165,000	£211,563	22% below HPI
2008 1 OCT	£155,000	£174,867	11% below HPI
2006 25 MAY	£147,000	£176,511	17% below HPI
2004 27 AUG	£72,000	£170,656	58% below HPI

56 CHAPEL LANE 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 five 56 CHAPEL LANE sales between August 2004 and February 2020 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 December 2015 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 56 CHAPEL LANE?

56 CHAPEL LANE is 78m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% of detached houses in Wimblington, based on EPC data. The below chart shows the distribution of detached houses by size in Wimblington, and where 56 CHAPEL LANE lies on this distribution: 12% of detached houses are smaller than 56 CHAPEL LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Wimblington.

56 CHAPEL LANE: Plot and Title Map

56 CHAPEL LANE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 56 CHAPEL LANE, 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 56 CHAPEL LANE). 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 56 CHAPEL LANE?

56 CHAPEL LANE is located in WIMBLINGTON, in the PE15 postcode district. The below map shows the position of No. 56 on CHAPEL LANE.