THE CEDARS, ELM LOW ROAD, WISBECH, PE14 0DF - £158,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE CEDARS is a very large extended detached house of 160m², built sometime between 1900 and 1929, which could now be worth an estimated £280,133. It was last sold for £158,000 in February 2012, which was around 11% below the average February 2012 detached price in the Fenland local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

THE CEDARS Sold Prices

Land registry data shows five sales for THE CEDARS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. Most of the five THE CEDARS 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
2012 20 FEB	£158,000	£177,539	11% below HPI
2009 16 OCT	£149,500	£168,700	11% below HPI
2004 30 JAN	£174,000	£160,305	9% above HPI
2002 25 JAN	£130,000	£107,941	20% above HPI
1997 14 MAR	£72,500	£59,039	23% above HPI

THE CEDARS 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 five THE CEDARS sales between March 1997 and February 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 October 2009 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2012 sale, which was also at 11% below the HPI.

What might THE CEDARS be worth now?

THE CEDARS might now be worth an estimated £280,133.

This is based on house price inflation of 77.3%, between February 2012 and February 2025, 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 77.3% inflationary increase is applied to the most recent sale price for THE CEDARS of £158,000 on 20th February 2012. For the value to have increased from £158,000 to £280,133 over the thirteen years to February 2025, the following assumptions must hold true:

• The value of THE CEDARS has moved in line with the HPI for detached houses in the Fenland local authority area.
• The February 2012 sale price of £158,000 represented a fair market value for the property.
• The size, condition, and specification of THE CEDARS has not materially changed since February 2012.

How Large is THE CEDARS?

THE CEDARS is 160m², which includes two extensions, according to the EPC inspection conducted in November 2011. This puts it in the largest 20% of detached houses houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wisbech, and where THE CEDARS lies on this distribution: 87% of detached houses houses are smaller than THE CEDARS, and 13% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

THE CEDARS: Plot and Title Map

THE CEDARS sits on a plot of roughly 0.159 of an acre, or 642m². The below map shows the location of THE CEDARS, 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 THE CEDARS). 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 THE CEDARS?

THE CEDARS is located on ELM LOW ROAD in WISBECH, in the PE14 postcode district. The below map shows the position of THE CEDARS on ELM LOW ROAD.