1, DAMSON DRIVE, PETERBOROUGH, PE1 4FS - £255,000

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 DAMSON DRIVE is a small detached house of 97m², which could now be worth an estimated £300,708. It was last sold for £255,000 in September 2020, which was around 19% below the average September 2020 detached price in the City of Peterborough local authority area. The most recent EPC inspection was September 2020, where the current energy rating was B, and the potential energy rating was A.

1 DAMSON DRIVE Sold Prices

Land registry data shows two sales for 1 DAMSON DRIVE 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. One of the two 1 DAMSON DRIVE sales was for below the average price, whilst the other was 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 30 SEP	£255,000	£313,882	19% below HPI
2018 9 FEB	£1,450,000	£296,771	389% above HPI

1 DAMSON DRIVE 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 DAMSON DRIVE sales from February 2018 and September 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 2018 sale was for 389% above the HPI. So the extrapolation line tracks at 389% above the HPI over time, until the September 2020 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 1 DAMSON DRIVE be worth now?

1 DAMSON DRIVE might now be worth an estimated £300,708.

This is based on house price inflation of 17.9%, between September 2020 and June 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 17.9% inflationary increase is applied to the most recent sale price for 1 DAMSON DRIVE of £255,000 on 30th September 2020. For the value to have increased from £255,000 to £300,708 over the five years and three months to June 2025, the following assumptions must hold true:

• The value of 1 DAMSON DRIVE has moved in line with the HPI for detached houses in the City of Peterborough local authority area.
• The September 2020 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 1 DAMSON DRIVE has not materially changed since September 2020.

How Large is 1 DAMSON DRIVE?

1 DAMSON DRIVE is 97m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% 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 DAMSON DRIVE lies on this distribution: 32% of detached houses houses are smaller than 1 DAMSON DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

Where is 1 DAMSON DRIVE?

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