5, OCTAGON DRIVE, WISBECH, PE13 1SB - £202,000

5 OCTAGON DRIVE is a large extended detached house of 119m², built sometime between 1983 and 1990. It was last sold for £202,000 in June 2017, which was around 15% below the average June 2017 detached price in the Fenland local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

5 OCTAGON DRIVE Sold Prices

Land registry data shows two sales for 5 OCTAGON DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. One of the two 5 OCTAGON DRIVE sales was for below the average price, whilst the other was 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
2017 1 JUN	£202,000	£237,377	15% below HPI
2001 11 JAN	£89,955	£88,505	2% above HPI

5 OCTAGON DRIVE 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 two 5 OCTAGON DRIVE sales from January 2001 and June 2017 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 January 2001 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2017 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 5 OCTAGON DRIVE?

5 OCTAGON DRIVE is 119m², which includes two extensions, according to the EPC inspection conducted in October 2016. This puts it in the largest 40% of detached houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses by size in Wisbech, and where 5 OCTAGON DRIVE lies on this distribution: 66% of detached houses are smaller than 5 OCTAGON DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

5 OCTAGON DRIVE: Plot and Title Map

5 OCTAGON DRIVE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 5 OCTAGON DRIVE, 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 5 OCTAGON DRIVE). 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 5 OCTAGON DRIVE?

5 OCTAGON DRIVE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 5 on OCTAGON DRIVE.