4, THURLOE CLOSE, WISBECH, PE13 2PN - £225,000

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.

4 THURLOE CLOSE is a midsized detached house of 99m², built sometime between 2003 and 2006, which could now be worth an estimated £274,469. It was last sold for £225,000 in August 2018, which was around 12% below the average August 2018 detached price in the Fenland local authority area. The most recent EPC inspection was March 2017, where the current energy rating was B, and the potential energy rating was B.

4 THURLOE CLOSE Sold Prices

Land registry data shows three sales for 4 THURLOE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the three 4 THURLOE 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
2018 31 AUG	£225,000	£255,542	12% below HPI
2004 12 FEB	£149,950	£161,088	7% below HPI
2003 9 JUL	£130,000	£151,360	14% below HPI

4 THURLOE 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 three 4 THURLOE CLOSE sales between July 2003 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 February 2004 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 4 THURLOE CLOSE be worth now?

4 THURLOE CLOSE might now be worth an estimated £274,469.

This is based on house price inflation of 22%, between August 2018 and May 2026, for 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 22% inflationary increase is applied to the most recent sale price for 4 THURLOE CLOSE of £225,000 on 31st August 2018. For the value to have increased from £225,000 to £274,469 over the eight years and three months to May 2026, the following assumptions must hold true:

• The value of 4 THURLOE CLOSE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The August 2018 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THURLOE CLOSE has not materially changed since August 2018.

How Large is 4 THURLOE CLOSE?

4 THURLOE CLOSE is 99m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 50% of detached houses houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wisbech, and where 4 THURLOE CLOSE lies on this distribution: 45% of detached houses houses are smaller than 4 THURLOE CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

4 THURLOE CLOSE: Plot and Title Map

4 THURLOE CLOSE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 4 THURLOE 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 4 THURLOE 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 4 THURLOE CLOSE?

4 THURLOE CLOSE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 4 on THURLOE CLOSE.