43, GROUNDS WAY, COATES, PETERBOROUGH, PE7 2BS - £198,000

43 GROUNDS WAY is a very small detached house of 75m², built sometime between 1976 and 1982. It was last sold for £198,000 in July 2021, which was around 27% below the average July 2021 detached price in the Fenland local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

43 GROUNDS WAY Sold Prices

Land registry data shows five sales for 43 GROUNDS WAY 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 43 GROUNDS WAY 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
2021 9 JUL	£198,000	£270,493	27% below HPI
2001 25 MAY	£64,750	£92,406	30% below HPI
2000 31 MAR	£55,250	£76,959	28% below HPI
1999 16 AUG	£54,000	£72,513	26% below HPI
1995 31 MAR	£44,500	£56,316	21% below HPI

43 GROUNDS WAY 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 43 GROUNDS WAY sales between March 1995 and July 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 May 2001 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2021 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 43 GROUNDS WAY?

43 GROUNDS WAY is 75m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 20% of detached houses in Coates, based on EPC data. The below chart shows the distribution of detached houses by size in Coates, and where 43 GROUNDS WAY lies on this distribution: 13% of detached houses are smaller than 43 GROUNDS WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Coates.

43 GROUNDS WAY: Plot and Title Map

43 GROUNDS WAY sits on a plot of roughly 0.058 of an acre, or 237m². The below map shows the location of 43 GROUNDS WAY, 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 43 GROUNDS WAY). 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 43 GROUNDS WAY?

43 GROUNDS WAY is located in COATES, in the PE7 postcode district. The below map shows the position of No. 43 on GROUNDS WAY.