HOLLYCROFT, GREEN LANE, CHRISTCHURCH, WISBECH, PE14 9PG - £118,000

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

HOLLYCROFT is a very small extended detached house of 69m², built sometime between 1967 and 1975. It was last sold for £118,000 in July 2015, which was around 42% below the average July 2015 detached price in the Fenland local authority area. The most recent EPC inspection was May 2015, where the current energy rating was G, and the potential energy rating was E.

HOLLYCROFT Sold Prices

Land registry data shows five sales for HOLLYCROFT since 1^st 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 HOLLYCROFT 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
2015 3 JUL	£118,000	£202,090	42% below HPI
2003 21 JAN	£75,000	£134,612	44% below HPI
2002 4 SEP	£63,000	£120,879	48% below HPI
2001 21 SEP	£42,000	£97,525	57% below HPI
1998 2 APR	£26,000	£63,198	59% below HPI

HOLLYCROFT 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 five HOLLYCROFT sales between April 1998 and July 2015 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 January 2003 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the July 2015 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is HOLLYCROFT?

HOLLYCROFT is 69m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of detached houses in Christchurch, based on EPC data. The below chart shows the distribution of detached houses by size in Christchurch, and where HOLLYCROFT lies on this distribution: 12% of detached houses are smaller than HOLLYCROFT, and 88% of houses are larger. Note that EPC data is not available for all properties in Christchurch.

HOLLYCROFT: Plot and Title Map

HOLLYCROFT sits on a plot of roughly 0.150 of an acre, or 606m². The below map shows the location of HOLLYCROFT, 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 HOLLYCROFT). 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 HOLLYCROFT?

HOLLYCROFT is located on GREEN LANE in CHRISTCHURCH, in the PE14 postcode district. The below map shows the position of HOLLYCROFT on GREEN LANE.