DRIFT WOOD, FIRST DRIFT, WOTHORPE, STAMFORD, PE9 3JL - £1,600,000

DRIFT WOOD is a large extended detached house of 296m², built sometime between 1967 and 1975. It was last sold for £1,600,000 in April 2020, which was around 411% above the average April 2020 detached price in the City of Peterborough local authority area. The most recent EPC inspection was October 2019, where the current energy rating was F, and the potential energy rating was D.

DRIFT WOOD Sold Prices

Land registry data shows two sales for DRIFT WOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Peterborough local authority area for the corresponding sale date. Both of the two DRIFT WOOD 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
2020 17 APR	£1,600,000	£312,839	411% above HPI
1995 31 MAY	£187,500	£74,993	150% above HPI

DRIFT WOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Peterborough local authority area over time, sourced from the HPI. The two DRIFT WOOD sales from May 1995 and April 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 May 1995 sale was for 150% above the HPI. So the extrapolation line tracks at 150% above the HPI over time, until the April 2020 sale, where it rises to 411% above the HPI. The line then continues to track at 411% above the HPI.

How Large is DRIFT WOOD?

DRIFT WOOD is 296m², which includes three extensions, according to the EPC inspection conducted in October 2019. This puts it in the largest 40% of detached houses in Wothorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Wothorpe, and where DRIFT WOOD lies on this distribution: 60% of detached houses are smaller than DRIFT WOOD, and 40% of houses are larger. Note that EPC data is not available for all properties in Wothorpe.

DRIFT WOOD: Plot and Title Map

DRIFT WOOD sits on a plot of roughly 1.1 acres, or 4,252m². The below map shows the location of DRIFT WOOD, 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 DRIFT WOOD). 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 DRIFT WOOD?

DRIFT WOOD is located on FIRST DRIFT in WOTHORPE, in the PE9 postcode district. The below map shows the position of DRIFT WOOD on FIRST DRIFT.