POLESAPART, RINGERS LANE, LEVERINGTON, WISBECH, PE13 5BQ - £297,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

POLESAPART is a very large detached house of 165m², built sometime between 1996 and 2002, which could now be worth an estimated £331,179. It was last sold for £297,500 in June 2021, which was around 7% above the average June 2021 detached price in the Fenland local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

POLESAPART Sold Prices

Land registry data shows two sales for POLESAPART 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 POLESAPART sales were for above 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
2021 21 JUN	£297,500	£277,884	7% above HPI
2017 3 FEB	£260,000	£236,761	10% above HPI

POLESAPART 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 POLESAPART sales from February 2017 and June 2021 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 February 2017 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2021 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might POLESAPART be worth now?

POLESAPART might now be worth an estimated £331,179.

This is based on house price inflation of 11.3%, between June 2021 and December 2024, 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 11.3% inflationary increase is applied to the most recent sale price for POLESAPART of £297,500 on 21st June 2021. For the value to have increased from £297,500 to £331,179 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of POLESAPART has moved in line with the HPI for detached houses in the Fenland local authority area.
• The June 2021 sale price of £297,500 represented a fair market value for the property.
• The size, condition, and specification of POLESAPART has not materially changed since June 2021.

How Large is POLESAPART?

POLESAPART is 165m² according to the EPC inspection conducted in July 2010. This puts it in the largest 20% of detached houses houses in Leverington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leverington, and where POLESAPART lies on this distribution: 88% of detached houses houses are smaller than POLESAPART, and 12% of houses are larger. Note that EPC data is not available for all properties in Leverington.

POLESAPART: Plot and Title Map

POLESAPART sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of POLESAPART, 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 POLESAPART). 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 POLESAPART?

POLESAPART is located on RINGERS LANE in LEVERINGTON, in the PE13 postcode district. The below map shows the position of POLESAPART on RINGERS LANE.