15, GRANGER CLOSE, WISBECH, PE13 3FB - £168,500

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.

15 GRANGER CLOSE is a very small semi-detached house of 71m², built in 2010, which could now be worth an estimated £211,449. It was last sold for £168,500 in August 2018, which was around 3% above the average August 2018 semi-detached price in the Fenland local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

15 GRANGER CLOSE Sold Prices

Land registry data shows two sales for 15 GRANGER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Fenland local authority area for the corresponding sale date. One of the two 15 GRANGER CLOSE sales was for above the average price, whilst the other was roughly equal to 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 24 AUG	£168,500	£164,100	3% above HPI
2014 22 DEC	£127,000	£127,317	Close to HPI

15 GRANGER CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Fenland local authority area over time, sourced from the HPI. The two 15 GRANGER CLOSE sales from December 2014 and August 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 December 2014 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2018 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 15 GRANGER CLOSE be worth now?

15 GRANGER CLOSE might now be worth an estimated £211,449.

This is based on house price inflation of 25.5%, between August 2018 and May 2026, for semi-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 25.5% inflationary increase is applied to the most recent sale price for 15 GRANGER CLOSE of £168,500 on 24th August 2018. For the value to have increased from £168,500 to £211,449 over the eight years and three months to May 2026, the following assumptions must hold true:

• The value of 15 GRANGER CLOSE has moved in line with the HPI for semi-detached houses in the Fenland local authority area.
• The August 2018 sale price of £168,500 represented a fair market value for the property.
• The size, condition, and specification of 15 GRANGER CLOSE has not materially changed since August 2018.

How Large is 15 GRANGER CLOSE?

15 GRANGER CLOSE is 71m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 20% of semi-detached houses houses in Wisbech, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wisbech, and where 15 GRANGER CLOSE lies on this distribution: 19% of semi-detached houses houses are smaller than 15 GRANGER CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

Where is 15 GRANGER CLOSE?

15 GRANGER CLOSE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 15 on GRANGER CLOSE.