MARTONI, WELL END, FRIDAY BRIDGE, WISBECH, PE14 0HG - £240,000

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

MARTONI is a large extended detached house of 132m², built sometime between 1967 and 1975. It was last sold for £240,000 in May 2016, which was around 12% above the average May 2016 detached price in the Fenland local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

MARTONI Sold Prices

Land registry data shows three sales for MARTONI 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. Two of the three MARTONI sales were for above the average price, whilst one was 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 27 MAY	£240,000	£214,946	12% above HPI
2013 25 NOV	£145,000	£176,829	18% below HPI
1997 27 FEB	£67,000	£56,695	18% above HPI

MARTONI 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 MARTONI sales between February 1997 and May 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 November 2013 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2016 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is MARTONI?

MARTONI is 132m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 30% of detached houses in Friday Bridge, based on EPC data. The below chart shows the distribution of detached houses by size in Friday Bridge, and where MARTONI lies on this distribution: 75% of detached houses are smaller than MARTONI, and 25% of houses are larger. Note that EPC data is not available for all properties in Friday Bridge.

MARTONI: Plot and Title Map

MARTONI sits on a plot of roughly 0.178 of an acre, or 719m². The below map shows the location of MARTONI, 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 MARTONI). 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 MARTONI?

MARTONI is located on WELL END in FRIDAY BRIDGE, in the PE14 postcode district. The below map shows the position of MARTONI on WELL END.