REGENA, MAGAZINE LANE, WISBECH, PE13 1LJ - £290,000

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

REGENA is a very large extended detached house of 167m², built sometime between 1950 and 1966. It was last sold for £290,000 in September 2007, which was around 47% above the average September 2007 detached price in the Fenland local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was C.

REGENA Sold Prices

Land registry data shows two sales for REGENA 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. One of the two REGENA sales was for above the average price, whilst the other 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
2007 28 SEP	£290,000	£196,642	47% above HPI
1997 22 APR	£43,000	£59,381	28% below HPI

REGENA 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 REGENA sales from April 1997 and September 2007 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 April 1997 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2007 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is REGENA?

REGENA is 167m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 20% of detached houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses by size in Wisbech, and where REGENA lies on this distribution: 89% of detached houses are smaller than REGENA, and 10% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

REGENA: Plot and Title Map

REGENA sits on a plot of roughly 0.248 of an acre, or 1,004m². The below map shows the location of REGENA, 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 REGENA). 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 REGENA?

REGENA is located on MAGAZINE LANE in WISBECH, in the PE13 postcode district. The below map shows the position of REGENA on MAGAZINE LANE.