1, NEW DROVE, WISBECH, PE13 2RZ - £123,000

1 NEW DROVE is a small extended detached house of 80m², built sometime between 1900 and 1929. It was last sold for £123,000 in October 2013, which was around 30% below the average October 2013 detached price in the Fenland local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

1 NEW DROVE Sold Prices

Land registry data shows two sales for 1 NEW DROVE 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 1 NEW DROVE 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
2013 1 OCT	£123,000	£176,829	30% below HPI
2005 30 NOV	£140,000	£175,300	20% below HPI

1 NEW DROVE 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 1 NEW DROVE sales from November 2005 and October 2013 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 November 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2013 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 1 NEW DROVE?

1 NEW DROVE is 80m², which includes two extensions, according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% of detached houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses by size in Wisbech, and where 1 NEW DROVE lies on this distribution: 28% of detached houses are smaller than 1 NEW DROVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

1 NEW DROVE: Plot and Title Map

1 NEW DROVE sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of 1 NEW DROVE, 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 1 NEW DROVE). 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 1 NEW DROVE?

1 NEW DROVE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 1 on NEW DROVE.