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
7 PARKFIELD LANE is a midsized semi-detached house of 113m², built sometime between 1996 and 2002. It was last sold for £102,000 in August 2013, which was around 42% below the average August 2013 detached price in the Fenland local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 7 PARKFIELD LANE since 1st 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 7 PARKFIELD 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 |
---|---|---|---|
2013 15 AUG | £102,000 | £175,013 | 42% below HPI |
2002 24 OCT | £94,000 | £124,041 | 24% below HPI |
2000 30 NOV | £67,500 | £92,543 | 27% below HPI |
1999 20 AUG | £52,500 | £72,513 | 28% below HPI |
1995 12 APR | £47,995 | £55,637 | 14% below HPI |
The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The five 7 PARKFIELD LANE sales between April 1995 and August 2013 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 2002 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2013 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.
7 PARKFIELD LANE is 113m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 50% of detached houses in Wimblington, based on EPC data. The below chart shows the distribution of detached houses by size in Wimblington, and where 7 PARKFIELD LANE lies on this distribution: 49% of detached houses are smaller than 7 PARKFIELD LANE, and 50% of houses are larger. Note that EPC data is not available for all properties in Wimblington.
7 PARKFIELD LANE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 7 PARKFIELD 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 PARKFIELD 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 PARKFIELD LANE is located in WIMBLINGTON, in the PE15 postcode district. The below map shows the position of No. 7 on PARKFIELD LANE.