PATRE, BRIDGE DROVE, PARSON DROVE, WISBECH, PE13 4JR - £110,000

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

PATRE is a very small extended detached house of 83m², built sometime between 1967 and 1975. It was last sold for £110,000 in July 2024, which was around 64% below the average July 2024 detached price in the Fenland local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was A.

PATRE Sold Prices

Land registry data shows three sales for PATRE 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 PATRE 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
2024 31 JUL	£110,000	£307,230	64% below HPI
2012 21 NOV	£90,000	£166,009	46% below HPI
1998 22 DEC	£35,000	£69,776	50% below HPI

PATRE 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 PATRE sales between December 1998 and July 2024 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 2012 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the July 2024 sale, where it falls to 64% below the HPI. The line then continues to track at 64% below the HPI.

How Large is PATRE?

PATRE is 83m², which includes two extensions, according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of detached houses in Parson Drove, based on EPC data. The below chart shows the distribution of detached houses by size in Parson Drove, and where PATRE lies on this distribution: 7% of detached houses are smaller than PATRE, and 93% of houses are larger. Note that EPC data is not available for all properties in Parson Drove.

PATRE: Plot and Title Map

PATRE sits on a plot of roughly 0.319 of an acre, or 1,292m². The below map shows the location of PATRE, 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 PATRE). 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 PATRE?

PATRE is located on BRIDGE DROVE in PARSON DROVE, in the PE13 postcode district. The below map shows the position of PATRE on BRIDGE DROVE.