JUBILEE COTTAGE, STATION ROAD, PARSON DROVE, WISBECH, PE13 4HA - £250,000

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.

JUBILEE COTTAGE is a midsized extended detached house of 124m², built sometime before 1900, which could now be worth an estimated £303,876. It was last sold for £250,000 in October 2018, which was around 4% below the average October 2018 detached price in the Fenland local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

JUBILEE COTTAGE Sold Prices

Land registry data shows two sales for JUBILEE COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. Both of the two JUBILEE COTTAGE 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 10 OCT	£250,000	£259,772	4% below HPI
2011 14 OCT	£107,000	£171,608	38% below HPI

JUBILEE COTTAGE 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 two JUBILEE COTTAGE sales from October 2011 and October 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 October 2011 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2018 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might JUBILEE COTTAGE be worth now?

JUBILEE COTTAGE might now be worth an estimated £303,876.

This is based on house price inflation of 21.6%, between October 2018 and March 2025, for 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 21.6% inflationary increase is applied to the most recent sale price for JUBILEE COTTAGE of £250,000 on 10th October 2018. For the value to have increased from £250,000 to £303,876 over the seven years and seven months to March 2025, the following assumptions must hold true:

• The value of JUBILEE COTTAGE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The October 2018 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of JUBILEE COTTAGE has not materially changed since October 2018.

How Large is JUBILEE COTTAGE?

JUBILEE COTTAGE is 124m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the smallest 50% of detached houses houses in Parson Drove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Parson Drove, and where JUBILEE COTTAGE lies on this distribution: 44% of detached houses houses are smaller than JUBILEE COTTAGE, and 56% of houses are larger. Note that EPC data is not available for all properties in Parson Drove.

JUBILEE COTTAGE: Plot and Title Map

JUBILEE COTTAGE sits on a plot of roughly 0.166 of an acre, or 671m². The below map shows the location of JUBILEE COTTAGE, 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 JUBILEE COTTAGE). 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 JUBILEE COTTAGE?

JUBILEE COTTAGE is located on STATION ROAD in PARSON DROVE, in the PE13 postcode district. The below map shows the position of JUBILEE COTTAGE on STATION ROAD.