23, ARMADA CLOSE, WISBECH, PE13 3QF - £105,000

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.

23 ARMADA CLOSE is a very small terraced house of 53m², built sometime between 1983 and 1990, which could now be worth an estimated £103,625. It was last sold for £105,000 in August 2023, which was around 36% below the average August 2023 terraced price in the Fenland local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

23 ARMADA CLOSE Sold Prices

Land registry data shows two sales for 23 ARMADA CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Fenland local authority area for the corresponding sale date. Both of the two 23 ARMADA 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
2023 17 AUG	£105,000	£163,226	36% below HPI
2004 1 JUL	£79,995	£86,360	7% below HPI

23 ARMADA 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 two 23 ARMADA CLOSE sales from July 2004 and August 2023 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 July 2004 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2023 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 23 ARMADA CLOSE be worth now?

23 ARMADA CLOSE might now be worth an estimated £103,625.

This is based on house price deflation of 1.3%, between August 2023 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 1.3% deflationary decrease is applied to the most recent sale price for 23 ARMADA CLOSE of £105,000 on 17th August 2023. For the value to have decreased from £105,000 to £103,625 over the three years and three months to May 2026, the following assumptions must hold true:

• The value of 23 ARMADA CLOSE has moved in line with the HPI for terraced houses in the Fenland local authority area.
• The August 2023 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 23 ARMADA CLOSE has not materially changed since August 2023.

How Large is 23 ARMADA CLOSE?

23 ARMADA CLOSE is 53m² according to the EPC inspection conducted in March 2016. 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 23 ARMADA CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 23 ARMADA CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

23 ARMADA CLOSE: Plot and Title Map

23 ARMADA CLOSE sits on a plot of roughly 0.023 of an acre, or 93m². The below map shows the location of 23 ARMADA 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 23 ARMADA 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 23 ARMADA CLOSE?

23 ARMADA CLOSE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 23 on ARMADA CLOSE.