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
89 MONEY BANK is a midsized extended detached house of 99m², built sometime between 1967 and 1975. It was last sold for £158,000 in May 2012, which was around 5% below the average May 2012 detached price in the Fenland local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows five sales for 89 MONEY BANK 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 89 MONEY BANK 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 |
---|---|---|---|
2012 3 MAY | £158,000 | £166,727 | 5% below HPI |
2008 27 JUN | £167,500 | £190,466 | 12% below HPI |
2002 7 MAY | £104,000 | £113,927 | 9% below HPI |
1996 30 AUG | £49,000 | £55,519 | 12% below HPI |
1995 27 JAN | £50,000 | £54,881 | 9% 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 89 MONEY BANK sales between January 1995 and May 2012 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 June 2008 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2012 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.
89 MONEY BANK is 99m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the smallest 50% of detached houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses by size in Wisbech, and where 89 MONEY BANK lies on this distribution: 47% of detached houses are smaller than 89 MONEY BANK, and 53% of houses are larger. Note that EPC data is not available for all properties in Wisbech.
89 MONEY BANK sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of 89 MONEY BANK, 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 89 MONEY BANK). 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.
89 MONEY BANK is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 89 on MONEY BANK.