38, PETTS CLOSE, WISBECH, PE13 3QE - £215,000

38 PETTS CLOSE is a very small detached house of 59m², built sometime between 1996 and 2002. It was last sold for £215,000 in February 2022, which was around 29% below the average February 2022 detached price in the Fenland local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

38 PETTS CLOSE Sold Prices

Land registry data shows four sales for 38 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 38 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
2022 17 FEB	£215,000	£302,334	29% below HPI
2019 17 JUN	£175,000	£251,997	31% below HPI
2015 1 SEP	£144,995	£202,335	28% below HPI
1998 19 JAN	£53,000	£63,312	16% below HPI

38 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 38 PETTS CLOSE sales between January 1998 and February 2022 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 2019 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2022 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 38 PETTS CLOSE?

38 PETTS CLOSE is 59m² according to the EPC inspection conducted in February 2015. 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 38 PETTS CLOSE lies on this distribution: 7% of detached houses are smaller than 38 PETTS CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

38 PETTS CLOSE: Plot and Title Map

38 PETTS CLOSE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 38 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 38 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 38 PETTS CLOSE?

38 PETTS CLOSE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 38 on PETTS CLOSE.