LENAR, HORSESHOE TERRACE, WISBECH, PE13 1QA - £130,000

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

LENAR is a midsized extended detached house of 97m², built sometime between 1930 and 1949. It was last sold for £130,000 in December 2016, which was around 43% below the average December 2016 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.

LENAR Sold Prices

Land registry data shows four sales for LENAR since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the four LENAR 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
2016 16 DEC	£130,000	£229,566	43% below HPI
2015 10 JUN	£120,000	£203,294	41% below HPI
2012 25 MAY	£86,000	£166,727	48% below HPI
1999 1 OCT	£54,000	£74,433	27% below HPI

LENAR 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 four LENAR sales between October 1999 and December 2016 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 2015 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the December 2016 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is LENAR?

LENAR is 97m², 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 LENAR lies on this distribution: 45% of detached houses are smaller than LENAR, and 55% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

LENAR: Plot and Title Map

LENAR sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of LENAR, 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 LENAR). 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 LENAR?

LENAR is located on HORSESHOE TERRACE in WISBECH, in the PE13 postcode district. The below map shows the position of LENAR on HORSESHOE TERRACE.