THE COTTAGE, WELL END, FRIDAY BRIDGE, WISBECH, PE14 0HQ - £121,000

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

THE COTTAGE is a very small extended detached house of 56m², built sometime between 1900 and 1929. It was last sold for £121,000 in August 2010, which was around 30% below the average August 2010 detached price in the Fenland local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

THE COTTAGE Sold Prices

Land registry data shows four sales for THE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the four THE COTTAGE 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
2010 27 AUG	£121,000	£173,344	30% below HPI
2001 16 JUL	£46,000	£95,191	52% below HPI
1999 27 JUL	£21,000	£70,853	70% below HPI
1995 29 AUG	£20,000	£55,088	64% below HPI

THE 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 four THE COTTAGE sales between August 1995 and August 2010 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 July 2001 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the August 2010 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 56m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the smallest 10% of detached houses in Friday Bridge, based on EPC data. The below chart shows the distribution of detached houses by size in Friday Bridge, and where THE COTTAGE lies on this distribution: 2% of detached houses are smaller than THE COTTAGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Friday Bridge.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of THE 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 THE 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 THE COTTAGE?

THE COTTAGE is located on WELL END in FRIDAY BRIDGE, in the PE14 postcode district. The below map shows the position of THE COTTAGE on WELL END.