8, SOUTHFIELDS CLOSE, WISBECH, PE13 3XG - £120,000

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.

8 SOUTHFIELDS CLOSE is a very small detached house of 61m², built sometime between 1996 and 2002, which could now be worth an estimated £229,912. It was last sold for £120,000 in April 2004, which was around 26% below the average April 2004 detached price in the Fenland local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

8 SOUTHFIELDS CLOSE Sold Prices

Land registry data shows two sales for 8 SOUTHFIELDS CLOSE 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. Both of the two 8 SOUTHFIELDS 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
2004 15 APR	£120,000	£162,702	26% below HPI
2000 15 DEC	£64,950	£92,689	30% below HPI

8 SOUTHFIELDS 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 two 8 SOUTHFIELDS CLOSE sales from December 2000 and April 2004 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 December 2000 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the April 2004 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 8 SOUTHFIELDS CLOSE be worth now?

8 SOUTHFIELDS CLOSE might now be worth an estimated £229,912.

This is based on house price inflation of 91.6%, between April 2004 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 91.6% inflationary increase is applied to the most recent sale price for 8 SOUTHFIELDS CLOSE of £120,000 on 15th April 2004. For the value to have increased from £120,000 to £229,912 over the 21 years and eleven months to May 2026, the following assumptions must hold true:

• The value of 8 SOUTHFIELDS CLOSE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The April 2004 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SOUTHFIELDS CLOSE has not materially changed since April 2004.

How Large is 8 SOUTHFIELDS CLOSE?

8 SOUTHFIELDS CLOSE is 61m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 20% 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 8 SOUTHFIELDS CLOSE lies on this distribution: 11% of detached houses houses are smaller than 8 SOUTHFIELDS CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

8 SOUTHFIELDS CLOSE: Plot and Title Map

8 SOUTHFIELDS CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 8 SOUTHFIELDS 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 8 SOUTHFIELDS 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 8 SOUTHFIELDS CLOSE?

8 SOUTHFIELDS CLOSE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 8 on SOUTHFIELDS CLOSE.