THE FIRS, MILL ROAD, MURROW, WISBECH, PE13 4HF - £170,500

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 FIRS is a midsized extended detached house of 102m², built sometime between 1900 and 1929, which could now be worth an estimated £206,163. It was last sold for £170,500 in November 2018, which was around 35% below the average November 2018 detached price in the Fenland local authority area. The most recent EPC inspection was April 2010, where the current energy rating was G, and the potential energy rating was G.

THE FIRS Sold Prices

Land registry data shows three sales for THE FIRS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the three THE FIRS 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
2018 23 NOV	£170,500	£260,324	35% below HPI
2014 3 JAN	£115,000	£180,504	36% below HPI
2009 2 JUL	£95,000	£163,978	42% below HPI

THE FIRS 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 three THE FIRS sales between July 2009 and November 2018 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 January 2014 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2018 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might THE FIRS be worth now?

THE FIRS might now be worth an estimated £206,163.

This is based on house price inflation of 20.9%, between November 2018 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 20.9% inflationary increase is applied to the most recent sale price for THE FIRS of £170,500 on 23rd November 2018. For the value to have increased from £170,500 to £206,163 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of THE FIRS has moved in line with the HPI for detached houses in the Fenland local authority area.
• The November 2018 sale price of £170,500 represented a fair market value for the property.
• The size, condition, and specification of THE FIRS has not materially changed since November 2018.

How Large is THE FIRS?

THE FIRS is 102m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the smallest 50% of detached houses houses in Murrow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Murrow, and where THE FIRS lies on this distribution: 48% of detached houses houses are smaller than THE FIRS, and 52% of houses are larger. Note that EPC data is not available for all properties in Murrow.

THE FIRS: Plot and Title Map

THE FIRS sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of THE FIRS, 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 FIRS). 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 FIRS?

THE FIRS is located on MILL ROAD in MURROW, in the PE13 postcode district. The below map shows the position of THE FIRS on MILL ROAD.