THE TULIP, HIGH ROAD, GUYHIRN, WISBECH, PE13 4EQ - £340,000

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 TULIP is a midsized detached house of 145m², built sometime between 2007 and 2011. It was last sold for £340,000 in September 2023, which was around 8% above the average September 2023 detached price in the Fenland local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

THE TULIP Sold Prices

Land registry data shows two sales for THE TULIP 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 THE TULIP 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
2023 18 SEP	£340,000	£314,530	8% above HPI
2016 8 JAN	£200,000	£215,623	7% below HPI

THE TULIP 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 TULIP sales from January 2016 and September 2023 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 2016 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2023 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is THE TULIP?

THE TULIP is 145m² according to the EPC inspection conducted in May 2022. This puts it in the largest 50% of detached houses in Guyhirn, based on EPC data. The below chart shows the distribution of detached houses by size in Guyhirn, and where THE TULIP lies on this distribution: 50% of detached houses are smaller than THE TULIP, and 49% of houses are larger. Note that EPC data is not available for all properties in Guyhirn.

THE TULIP: Plot and Title Map

THE TULIP sits on a plot of roughly 0.108 of an acre, or 435m². The below map shows the location of THE TULIP, 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 TULIP). 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 TULIP?

THE TULIP is located on HIGH ROAD in GUYHIRN, in the PE13 postcode district. The below map shows the position of THE TULIP on HIGH ROAD.