THE WILLOWS, SECOND DRIFT, WOTHORPE, STAMFORD, PE9 3JQ - £327,500

THE WILLOWS is a very small detached house of 130m², built sometime between 1967 and 1975. It was last sold for £327,500 in May 2015, which was around 40% above the average May 2015 detached price in the City of Peterborough local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was C.

THE WILLOWS Sold Prices

Land registry data shows three sales for THE WILLOWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Peterborough local authority area for the corresponding sale date. All of the three THE WILLOWS 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
2015 22 MAY	£327,500	£233,748	40% above HPI
2007 8 FEB	£333,000	£226,121	47% above HPI
2001 24 OCT	£205,000	£123,676	66% above HPI

THE WILLOWS 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 three THE WILLOWS sales between October 2001 and May 2015 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 February 2007 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the May 2015 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is THE WILLOWS?

THE WILLOWS is 130m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% of detached houses in Wothorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Wothorpe, and where THE WILLOWS lies on this distribution: 12% of detached houses are smaller than THE WILLOWS, and 88% of houses are larger. Note that EPC data is not available for all properties in Wothorpe.

THE WILLOWS: Plot and Title Map

THE WILLOWS sits on a plot of roughly 0.236 of an acre, or 953m². The below map shows the location of THE WILLOWS, 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 WILLOWS). 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 WILLOWS?

THE WILLOWS is located on SECOND DRIFT in WOTHORPE, in the PE9 postcode district. The below map shows the position of THE WILLOWS on SECOND DRIFT.