1, CHAIN CLOSE, PETERBOROUGH, PE1 4EY - £200,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 CHAIN CLOSE is a very small detached house of 56m², built sometime between 1930 and 1949. It was last sold for £200,000 in January 2022, which was around 41% below the average January 2022 detached price in the City of Peterborough local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

1 CHAIN CLOSE Sold Prices

Land registry data shows two sales for 1 CHAIN 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 CHAIN 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
2022 17 JAN	£200,000	£340,484	41% below HPI
2008 15 FEB	£163,000	£235,677	31% below HPI

1 CHAIN 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 CHAIN CLOSE sales from February 2008 and January 2022 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 2008 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2022 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 1 CHAIN CLOSE be worth now?

1 CHAIN CLOSE might now be worth an estimated £220,007.

This is based on house price inflation of 10%, between January 2022 and December 2024, 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 10% inflationary increase is applied to the most recent sale price for 1 CHAIN CLOSE of £200,000 on 17th January 2022. For the value to have increased from £200,000 to £220,007 over the one year and one month to December 2024, the following assumptions must hold true:

• The value of 1 CHAIN CLOSE has moved in line with the HPI for detached houses in the City of Peterborough local authority area.
• The January 2022 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CHAIN CLOSE has not materially changed since January 2022.

How Large is 1 CHAIN CLOSE?

1 CHAIN CLOSE is 56m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of detached houses houses in Peterborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Peterborough, and where 1 CHAIN CLOSE lies on this distribution: 2% of detached houses houses are smaller than 1 CHAIN CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

1 CHAIN CLOSE: Plot and Title Map

1 CHAIN CLOSE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 1 CHAIN 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 CHAIN 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 CHAIN CLOSE?

1 CHAIN CLOSE is located in PETERBOROUGH, in the PE1 postcode district. The below map shows the position of No. 1 on CHAIN CLOSE.