GLEBE LODGE, ELBOW LANE, PARSON DROVE, WISBECH, PE13 4LG - £700,000

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.

GLEBE LODGE is a large extended detached house of 160m², built sometime between 1996 and 2002, which could now be worth an estimated £715,580. It was last sold for £700,000 in December 2023, which was around 130% above the average December 2023 detached price in the Fenland local authority area. The most recent EPC inspection was March 2015, where the current energy rating was B, and the potential energy rating was A.

GLEBE LODGE Sold Prices

Land registry data shows four sales for GLEBE LODGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the four GLEBE LODGE 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
2023 12 DEC	£700,000	£304,612	130% above HPI
2021 30 JUN	£675,000	£277,884	143% above HPI
2004 30 JUL	£375,000	£169,046	122% above HPI
2002 8 FEB	£225,000	£108,546	107% above HPI

GLEBE LODGE 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 four GLEBE LODGE sales between February 2002 and December 2023 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 2021 sale was for 143% above the HPI. So the extrapolation line tracks at 143% above the HPI over time, until the December 2023 sale, where it falls to 130% above the HPI. The line then continues to track at 130% above the HPI.

What might GLEBE LODGE be worth now?

GLEBE LODGE might now be worth an estimated £715,580.

This is based on house price inflation of 2.2%, between December 2023 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 2.2% inflationary increase is applied to the most recent sale price for GLEBE LODGE of £700,000 on 12th December 2023. For the value to have increased from £700,000 to £715,580 over the two years and six months to June 2025, the following assumptions must hold true:

• The value of GLEBE LODGE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The December 2023 sale price of £700,000 represented a fair market value for the property.
• The size, condition, and specification of GLEBE LODGE has not materially changed since December 2023.

How Large is GLEBE LODGE?

GLEBE LODGE is 160m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 30% of detached houses houses in Parson Drove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Parson Drove, and where GLEBE LODGE lies on this distribution: 71% of detached houses houses are smaller than GLEBE LODGE, and 29% of houses are larger. Note that EPC data is not available for all properties in Parson Drove.

GLEBE LODGE: Plot and Title Map

GLEBE LODGE sits on a plot of roughly 3.2 acres, or 13,115m². The below map shows the location of GLEBE LODGE, 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 GLEBE LODGE). 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 GLEBE LODGE?

GLEBE LODGE is located on ELBOW LANE in PARSON DROVE, in the PE13 postcode district. The below map shows the position of GLEBE LODGE on ELBOW LANE.