1, FARADAY CLOSE, YAXLEY, PETERBOROUGH, PE7 3ZZ - £296,500

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 FARADAY CLOSE is a very small detached house of 81m², built sometime between 1976 and 1982, which could now be worth an estimated £292,976. It was last sold for £296,500 in August 2022, which was around 38% below the average August 2022 detached price in the Huntingdonshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

1 FARADAY CLOSE Sold Prices

Land registry data shows two sales for 1 FARADAY 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 Huntingdonshire local authority area for the corresponding sale date. Both of the two 1 FARADAY 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 5 AUG	£296,500	£480,571	38% below HPI
2002 20 SEP	£115,000	£188,208	39% below HPI

1 FARADAY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Huntingdonshire local authority area over time, sourced from the HPI. The two 1 FARADAY CLOSE sales from September 2002 and August 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 September 2002 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2022 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 1 FARADAY CLOSE be worth now?

1 FARADAY CLOSE might now be worth an estimated £292,976.

This is based on house price deflation of 1.2%, between August 2022 and February 2025, for detached houses, in the Huntingdonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.2% deflationary decrease is applied to the most recent sale price for 1 FARADAY CLOSE of £296,500 on 5th August 2022. For the value to have decreased from £296,500 to £292,976 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 1 FARADAY CLOSE has moved in line with the HPI for detached houses in the Huntingdonshire local authority area.
• The August 2022 sale price of £296,500 represented a fair market value for the property.
• The size, condition, and specification of 1 FARADAY CLOSE has not materially changed since August 2022.

How Large is 1 FARADAY CLOSE?

1 FARADAY CLOSE is 81m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% of detached houses houses in Yaxley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Yaxley, and where 1 FARADAY CLOSE lies on this distribution: 15% of detached houses houses are smaller than 1 FARADAY CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Yaxley.

1 FARADAY CLOSE: Plot and Title Map

1 FARADAY CLOSE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 1 FARADAY 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 FARADAY 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 FARADAY CLOSE?

1 FARADAY CLOSE is located in YAXLEY, in the PE7 postcode district. The below map shows the position of No. 1 on FARADAY CLOSE.