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
8 QUAKER LANE is a small extended detached house of 75m², built sometime between 1950 and 1966. It was last sold for £45,000 in September 2009, which was around 73% below the average September 2009 detached price in the Fenland local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows three sales for 8 QUAKER LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the three 8 QUAKER 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 |
---|---|---|---|
2009 14 SEP | £45,000 | £164,195 | 73% below HPI |
1996 2 APR | £36,000 | £55,878 | 36% below HPI |
1995 29 DEC | £25,500 | £56,124 | 55% below HPI |
The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The three 8 QUAKER LANE sales between December 1995 and September 2009 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 April 1996 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2009 sale, where it falls to 73% below the HPI. The line then continues to track at 73% below the HPI.
8 QUAKER LANE is 75m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the smallest 30% of detached houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses by size in Wisbech, and where 8 QUAKER LANE lies on this distribution: 24% of detached houses are smaller than 8 QUAKER LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Wisbech.
8 QUAKER LANE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 8 QUAKER 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 8 QUAKER 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.
8 QUAKER LANE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 8 on QUAKER LANE.