12, PETTS CLOSE, WISBECH, PE13 3QE - £190,000

12 PETTS CLOSE is a very small detached house of 58m², built sometime between 1996 and 2002. It was last sold for £190,000 in September 2021, which was around 31% below the average September 2021 detached price in the Fenland local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

12 PETTS CLOSE Sold Prices

Land registry data shows four sales for 12 PETTS CLOSE 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 12 PETTS CLOSE 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
2021 30 SEP	£190,000	£276,948	31% below HPI
2019 6 DEC	£160,000	£254,753	37% below HPI
2010 10 SEP	£115,000	£170,037	32% below HPI
1997 23 MAY	£51,000	£58,651	13% below HPI

12 PETTS CLOSE 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 12 PETTS CLOSE sales between May 1997 and September 2021 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 December 2019 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 12 PETTS CLOSE?

12 PETTS CLOSE is 58m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of detached houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses by size in Wisbech, and where 12 PETTS CLOSE lies on this distribution: 5% of detached houses are smaller than 12 PETTS CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

12 PETTS CLOSE: Plot and Title Map

12 PETTS CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 12 PETTS CLOSE, 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 12 PETTS CLOSE). 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 12 PETTS CLOSE?

12 PETTS CLOSE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 12 on PETTS CLOSE.