2, MONEY BANK, WISBECH, PE13 2JN - £140,000

2 MONEY BANK is a very small detached house of 70m², built sometime between 1930 and 1949. It was last sold for £140,000 in June 2016, which was around 36% below the average June 2016 detached price in the Fenland local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was B.

2 MONEY BANK Sold Prices

Land registry data shows four sales for 2 MONEY BANK 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 2 MONEY BANK 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
2016 10 JUN	£140,000	£218,812	36% below HPI
2015 24 JUN	£134,000	£203,294	34% below HPI
2002 15 AUG	£92,500	£118,641	22% below HPI
2001 10 AUG	£57,000	£97,759	42% below HPI

2 MONEY BANK 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 2 MONEY BANK sales between August 2001 and June 2016 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 June 2015 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2016 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 2 MONEY BANK?

2 MONEY BANK is 70m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of detached houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses by size in Wisbech, and where 2 MONEY BANK lies on this distribution: 18% of detached houses are smaller than 2 MONEY BANK, and 81% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

2 MONEY BANK: Plot and Title Map

2 MONEY BANK sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 2 MONEY BANK, 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 2 MONEY BANK). 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 2 MONEY BANK?

2 MONEY BANK is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 2 on MONEY BANK.