8, THE LEAM, FRIDAY BRIDGE, WISBECH, PE14 0JA - £439,500

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 THE LEAM is a very large extended detached house of 198m², built sometime between 2003 and 2006, which could now be worth an estimated £506,732. It was last sold for £439,500 in March 2021, which was around 63% above the average March 2021 detached price in the Fenland local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

8 THE LEAM Sold Prices

Land registry data shows two sales for 8 THE LEAM 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 THE LEAM sales were 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
2021 2 MAR	£439,500	£270,077	63% above HPI
2010 10 JUN	£278,500	£173,599	60% above HPI

8 THE LEAM 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 THE LEAM sales from June 2010 and March 2021 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 2010 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the March 2021 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might 8 THE LEAM be worth now?

8 THE LEAM might now be worth an estimated £506,732.

This is based on house price inflation of 15.3%, between March 2021 and June 2025, 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 15.3% inflationary increase is applied to the most recent sale price for 8 THE LEAM of £439,500 on 2nd March 2021. For the value to have increased from £439,500 to £506,732 over the three years and nine months to June 2025, the following assumptions must hold true:

• The value of 8 THE LEAM has moved in line with the HPI for detached houses in the Fenland local authority area.
• The March 2021 sale price of £439,500 represented a fair market value for the property.
• The size, condition, and specification of 8 THE LEAM has not materially changed since March 2021.

How Large is 8 THE LEAM?

8 THE LEAM is 198m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 10% of detached houses houses in Friday Bridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Friday Bridge, and where 8 THE LEAM lies on this distribution: 91% of detached houses houses are smaller than 8 THE LEAM, and 9% of houses are larger. Note that EPC data is not available for all properties in Friday Bridge.

8 THE LEAM: Plot and Title Map

8 THE LEAM sits on a plot of roughly 0.219 of an acre, or 888m². The below map shows the location of 8 THE LEAM, 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 THE LEAM). 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 THE LEAM?

8 THE LEAM is located in FRIDAY BRIDGE, in the PE14 postcode district. The below map shows the position of No. 8 on THE LEAM.