45, ARMADA CLOSE, WISBECH, PE13 3QF - £75,000

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.

45 ARMADA CLOSE is a very small terraced house of 61m², built sometime between 1991 and 1995, which could now be worth an estimated £159,207. It was last sold for £75,000 in November 2003, which was around 1% below the average November 2003 terraced price in the Fenland local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

45 ARMADA CLOSE Sold Prices

Land registry data shows three sales for 45 ARMADA 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 45 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
2003 5 NOV	£75,000	£75,886	1% below HPI
1998 27 NOV	£26,000	£33,388	22% below HPI
1996 19 MAR	£22,500	£26,860	16% below HPI

45 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 three 45 ARMADA CLOSE sales between March 1996 and November 2003 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 November 1998 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2003 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 45 ARMADA CLOSE be worth now?

45 ARMADA CLOSE might now be worth an estimated £159,207.

This is based on house price inflation of 112.3%, between November 2003 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 112.3% inflationary increase is applied to the most recent sale price for 45 ARMADA CLOSE of £75,000 on 5th November 2003. For the value to have increased from £75,000 to £159,207 over the 23 years and six months to May 2026, the following assumptions must hold true:

• The value of 45 ARMADA CLOSE has moved in line with the HPI for terraced houses in the Fenland local authority area.
• The November 2003 sale price of £75,000 represented a fair market value for the property.
• The size, condition, and specification of 45 ARMADA CLOSE has not materially changed since November 2003.

How Large is 45 ARMADA CLOSE?

45 ARMADA CLOSE is 61m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% 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 45 ARMADA CLOSE lies on this distribution: 11% of terraced houses houses are smaller than 45 ARMADA CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

45 ARMADA CLOSE: Plot and Title Map

45 ARMADA CLOSE sits on a plot of roughly 0.026 of an acre, or 105m². The below map shows the location of 45 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 45 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 45 ARMADA CLOSE?

45 ARMADA CLOSE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 45 on ARMADA CLOSE.