Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
7 LOVE LANE is a very large extended detached house of 231m², built sometime between 2003 and 2006. It was last sold for £499,000 in May 2018, which was around 100% above the average May 2018 detached price in the Fenland local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 7 LOVE LANE since 1st 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 7 LOVE LANE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2018 4 MAY | £499,000 | £249,153 | 100% above HPI |
2004 27 AUG | £120,000 | £170,656 | 30% below HPI |
The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The two 7 LOVE LANE sales from August 2004 and May 2018 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 2004 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2018 sale, where it rises to 100% above the HPI. The line then continues to track at 100% above the HPI.
7 LOVE LANE is 231m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the largest 10% of detached houses in Whittlesey, based on EPC data. The below chart shows the distribution of detached houses by size in Whittlesey, and where 7 LOVE LANE lies on this distribution: 98% of detached houses are smaller than 7 LOVE LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Whittlesey.
7 LOVE LANE sits on a plot of roughly 0.162 of an acre, or 655m². The below map shows the location of 7 LOVE 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 7 LOVE 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.
7 LOVE LANE is located in WHITTLESEY, in the PE7 postcode district. The below map shows the position of No. 7 on LOVE LANE.