GATE HOUSE, MEADOWGATE LANE, WISBECH, PE13 2JH - £220,000

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

GATE HOUSE is a midsized extended detached house of 101m², built sometime before 1900. It was last sold for £220,000 in January 2019, which was around 14% below the average January 2019 detached price in the Fenland local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

GATE HOUSE Sold Prices

Land registry data shows three sales for GATE HOUSE since 1^st 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 GATE HOUSE 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
2019 28 JAN	£220,000	£255,213	14% below HPI
2007 17 AUG	£179,995	£193,950	7% below HPI
2006 21 JUL	£157,500	£181,925	13% below HPI

GATE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The three GATE HOUSE sales between July 2006 and January 2019 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 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2019 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is GATE HOUSE?

GATE HOUSE is 101m², which includes one extension, according to the EPC inspection conducted in April 2018. 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 GATE HOUSE lies on this distribution: 48% of detached houses are smaller than GATE HOUSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

GATE HOUSE: Plot and Title Map

GATE HOUSE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of GATE HOUSE, 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 GATE HOUSE). 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 GATE HOUSE?

GATE HOUSE is located on MEADOWGATE LANE in WISBECH, in the PE13 postcode district. The below map shows the position of GATE HOUSE on MEADOWGATE LANE.