78, NEW DROVE, WISBECH, PE13 2RZ - £140,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

78 NEW DROVE is a small extended semi-detached house of 89m², built sometime between 1900 and 1929, which could now be worth an estimated £178,060. It was last sold for £140,000 in May 2018, which was around 14% below the average May 2018 semi-detached price in the Fenland local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

78 NEW DROVE Sold Prices

Land registry data shows five sales for 78 NEW DROVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Fenland local authority area for the corresponding sale date. All of the five 78 NEW DROVE 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
2018 11 MAY	£140,000	£163,688	14% below HPI
2017 22 AUG	£133,000	£158,505	16% below HPI
2016 22 JUL	£109,000	£145,659	25% below HPI
2007 11 APR	£110,000	£131,462	16% below HPI
1997 11 JUN	£27,000	£36,965	27% below HPI

78 NEW DROVE 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 five 78 NEW DROVE sales between June 1997 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 2017 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2018 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 78 NEW DROVE be worth now?

78 NEW DROVE might now be worth an estimated £178,060.

This is based on house price inflation of 27.2%, between May 2018 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 27.2% inflationary increase is applied to the most recent sale price for 78 NEW DROVE of £140,000 on 11th May 2018. For the value to have increased from £140,000 to £178,060 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 78 NEW DROVE has moved in line with the HPI for semi-detached houses in the Fenland local authority area.
• The May 2018 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 78 NEW DROVE has not materially changed since May 2018.

How Large is 78 NEW DROVE?

78 NEW DROVE is 89m², which includes two extensions, according to the EPC inspection conducted in January 2016. This puts it in the smallest 40% 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 78 NEW DROVE lies on this distribution: 36% of semi-detached houses houses are smaller than 78 NEW DROVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

78 NEW DROVE: Plot and Title Map

78 NEW DROVE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 78 NEW DROVE, 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 78 NEW DROVE). 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 78 NEW DROVE?

78 NEW DROVE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 78 on NEW DROVE.