STABLES COTTAGE, GOTE LANE, GOREFIELD, WISBECH, PE13 4NJ - £230,000

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

STABLES COTTAGE is a large extended detached house of 146m², built sometime between 1991 and 1995. It was last sold for £230,000 in January 2012, which was around 33% above the average January 2012 detached price in the Fenland local authority area. The most recent EPC inspection was January 2010, where the current energy rating was E, and the potential energy rating was D.

STABLES COTTAGE Sold Prices

Land registry data shows two sales for STABLES COTTAGE 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 STABLES COTTAGE 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
2012 16 JAN	£230,000	£173,420	33% above HPI
2007 22 JUN	£185,000	£190,244	3% below HPI

STABLES COTTAGE 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 STABLES COTTAGE sales from June 2007 and January 2012 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 2007 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the January 2012 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is STABLES COTTAGE?

STABLES COTTAGE is 146m², which includes two extensions, according to the EPC inspection conducted in January 2010. This puts it in the largest 40% of detached houses in Gorefield, based on EPC data. The below chart shows the distribution of detached houses by size in Gorefield, and where STABLES COTTAGE lies on this distribution: 67% of detached houses are smaller than STABLES COTTAGE, and 33% of houses are larger. Note that EPC data is not available for all properties in Gorefield.

STABLES COTTAGE: Plot and Title Map

STABLES COTTAGE sits on a plot of roughly 0.123 of an acre, or 500m². The below map shows the location of STABLES COTTAGE, 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 STABLES COTTAGE). 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 STABLES COTTAGE?

STABLES COTTAGE is located on GOTE LANE in GOREFIELD, in the PE13 postcode district. The below map shows the position of STABLES COTTAGE on GOTE LANE.