21, PETTS CLOSE, WISBECH, PE13 3QE - £69,500

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.

21 PETTS CLOSE is a very small terraced house of 57m², built sometime between 1996 and 2002, which could now be worth an estimated £255,310. It was last sold for £69,500 in May 2001, which was around 58% above the average May 2001 terraced 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.

21 PETTS CLOSE Sold Prices

Land registry data shows three sales for 21 PETTS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Fenland local authority area for the corresponding sale date. All of the three 21 PETTS CLOSE sales were for above 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
2001 25 MAY	£69,500	£43,851	58% above HPI
2000 26 APR	£64,995	£38,209	70% above HPI
1997 6 JUN	£50,500	£28,797	75% above HPI

21 PETTS CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Fenland local authority area over time, sourced from the HPI. The three 21 PETTS CLOSE sales between June 1997 and May 2001 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 April 2000 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the May 2001 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might 21 PETTS CLOSE be worth now?

21 PETTS CLOSE might now be worth an estimated £255,310.

This is based on house price inflation of 267.4%, between May 2001 and May 2026, for terraced 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 267.4% inflationary increase is applied to the most recent sale price for 21 PETTS CLOSE of £69,500 on 25th May 2001. For the value to have increased from £69,500 to £255,310 over the 25 years to May 2026, the following assumptions must hold true:

• The value of 21 PETTS CLOSE has moved in line with the HPI for terraced houses in the Fenland local authority area.
• The May 2001 sale price of £69,500 represented a fair market value for the property.
• The size, condition, and specification of 21 PETTS CLOSE has not materially changed since May 2001.

How Large is 21 PETTS CLOSE?

21 PETTS CLOSE is 57m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of terraced houses houses in Wisbech, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wisbech, and where 21 PETTS CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 21 PETTS CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

21 PETTS CLOSE: Plot and Title Map

21 PETTS CLOSE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 21 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 21 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 21 PETTS CLOSE?

21 PETTS CLOSE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 21 on PETTS CLOSE.