THE FERNS, SILVERS LANE, MURROW, WISBECH, PE13 4JJ - £210,000

THE FERNS is a small detached house of 96m², built sometime between 1991 and 1995. It was last sold for £210,000 in July 2020, which was around 20% below the average July 2020 detached price in the Fenland local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was B.

THE FERNS Sold Prices

Land registry data shows five sales for THE FERNS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the five THE FERNS 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
2020 30 JUL	£210,000	£260,908	20% below HPI
2018 23 NOV	£188,500	£254,261	26% below HPI
2006 3 JUL	£155,000	£181,925	15% below HPI
2005 9 FEB	£154,995	£171,856	10% below HPI
2002 5 AUG	£90,000	£118,641	24% below HPI

THE FERNS 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 five THE FERNS sales between August 2002 and July 2020 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 November 2018 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2020 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is THE FERNS?

THE FERNS is 96m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 40% of detached houses in Murrow, based on EPC data. The below chart shows the distribution of detached houses by size in Murrow, and where THE FERNS lies on this distribution: 38% of detached houses are smaller than THE FERNS, and 62% of houses are larger. Note that EPC data is not available for all properties in Murrow.

THE FERNS: Plot and Title Map

THE FERNS sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of THE FERNS, 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 THE FERNS). 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 THE FERNS?

THE FERNS is located on SILVERS LANE in MURROW, in the PE13 postcode district. The below map shows the position of THE FERNS on SILVERS LANE.