KNOWLE, MAGAZINE LANE, WISBECH, PE13 1LJ - £187,000

KNOWLE is a very small extended detached house of 66m², built sometime between 1900 and 1929. It was last sold for £187,000 in September 2018, which was around 26% below the average September 2018 detached price in the Fenland local authority area. The most recent EPC inspection was November 2016, where the current energy rating was E, and the potential energy rating was C.

KNOWLE Sold Prices

Land registry data shows two sales for KNOWLE 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 KNOWLE 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
2018 12 SEP	£187,000	£252,820	26% below HPI
2017 10 MAR	£135,000	£232,073	42% below HPI

KNOWLE 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 KNOWLE sales from March 2017 and September 2018 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 March 2017 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the September 2018 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is KNOWLE?

KNOWLE is 66m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 20% of detached houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses by size in Wisbech, and where KNOWLE lies on this distribution: 15% of detached houses are smaller than KNOWLE, and 85% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

KNOWLE: Plot and Title Map

KNOWLE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of KNOWLE, 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 KNOWLE). 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 KNOWLE?

KNOWLE is located on MAGAZINE LANE in WISBECH, in the PE13 postcode district. The below map shows the position of KNOWLE on MAGAZINE LANE.