THE OLD STORES, ROMAN BANK, LEVERINGTON, WISBECH, PE13 5AW - £115,000

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 OLD STORES is a midsized detached house of 100m², built sometime between 1900 and 1929, which could now be worth an estimated £204,841. It was last sold for £115,000 in January 2011, which was around 35% below the average January 2011 detached price in the Fenland local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

THE OLD STORES Sold Prices

Land registry data shows two sales for THE OLD STORES 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. Both of the two THE OLD STORES 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
2011 24 JAN	£115,000	£176,718	35% below HPI
1995 26 MAY	£35,000	£58,055	40% below HPI

THE OLD STORES 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 THE OLD STORES sales from May 1995 and January 2011 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 May 1995 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2011 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might THE OLD STORES be worth now?

THE OLD STORES might now be worth an estimated £204,841.

This is based on house price inflation of 78.1%, between January 2011 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 78.1% inflationary increase is applied to the most recent sale price for THE OLD STORES of £115,000 on 24th January 2011. For the value to have increased from £115,000 to £204,841 over the thirteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of THE OLD STORES has moved in line with the HPI for detached houses in the Fenland local authority area.
• The January 2011 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD STORES has not materially changed since January 2011.

How Large is THE OLD STORES?

THE OLD STORES is 100m² according to the EPC inspection conducted in February 2016. This puts it in the largest 50% of detached houses houses in Leverington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leverington, and where THE OLD STORES lies on this distribution: 50% of detached houses houses are smaller than THE OLD STORES, and 48% of houses are larger. Note that EPC data is not available for all properties in Leverington.

THE OLD STORES: Plot and Title Map

THE OLD STORES sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of THE OLD STORES, 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 OLD STORES). 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 OLD STORES?

THE OLD STORES is located on ROMAN BANK in LEVERINGTON, in the PE13 postcode district. The below map shows the position of THE OLD STORES on ROMAN BANK.