1, BEECH CLOSE, THORNEY, PETERBOROUGH, PE6 0QP - £280,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 BEECH CLOSE is a midsized extended detached house of 133m², built sometime between 1983 and 1990, which could now be worth an estimated £330,474. It was last sold for £280,000 in October 2020, which was around 11% below the average October 2020 detached price in the City of Peterborough local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was C.

1 BEECH CLOSE Sold Prices

Land registry data shows two sales for 1 BEECH CLOSE 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 1 BEECH CLOSE 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 23 OCT	£280,000	£315,738	11% below HPI
2017 17 FEB	£155,000	£275,746	44% below HPI

1 BEECH CLOSE 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 1 BEECH CLOSE sales from February 2017 and October 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 February 2017 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the October 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 1 BEECH CLOSE be worth now?

1 BEECH CLOSE might now be worth an estimated £330,474.

This is based on house price inflation of 18%, between October 2020 and February 2025, for detached houses, in the City of Peterborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18% inflationary increase is applied to the most recent sale price for 1 BEECH CLOSE of £280,000 on 23rd October 2020. For the value to have increased from £280,000 to £330,474 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 BEECH CLOSE has moved in line with the HPI for detached houses in the City of Peterborough local authority area.
• The October 2020 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BEECH CLOSE has not materially changed since October 2020.

How Large is 1 BEECH CLOSE?

1 BEECH CLOSE is 133m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 50% of detached houses houses in Thorney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thorney, and where 1 BEECH CLOSE lies on this distribution: 58% of detached houses houses are smaller than 1 BEECH CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Thorney.

1 BEECH CLOSE: Plot and Title Map

1 BEECH CLOSE sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 1 BEECH CLOSE, 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 1 BEECH CLOSE). 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 1 BEECH CLOSE?

1 BEECH CLOSE is located in THORNEY, in the PE6 postcode district. The below map shows the position of No. 1 on BEECH CLOSE.