1, HICKS LANE, PETERBOROUGH, PE7 0LL - £350,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 HICKS LANE is a midsized extended detached house of 107m², built sometime before 1900. It was last sold for £350,000 in September 2018, which was around 14% above the average September 2018 detached price in the City of Peterborough local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

1 HICKS LANE Sold Prices

Land registry data shows two sales for 1 HICKS LANE 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 HICKS LANE 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
2018 7 SEP	£350,000	£305,864	14% above HPI
2014 14 FEB	£245,000	£223,274	10% above HPI

1 HICKS LANE 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 HICKS LANE sales from February 2014 and September 2018 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 2014 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the September 2018 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 1 HICKS LANE?

1 HICKS LANE is 107m², which includes three extensions, according to the EPC inspection conducted in May 2018. This puts it in the smallest 50% of detached houses in Peterborough, based on EPC data. The below chart shows the distribution of detached houses by size in Peterborough, and where 1 HICKS LANE lies on this distribution: 42% of detached houses are smaller than 1 HICKS LANE, and 57% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

1 HICKS LANE: Plot and Title Map

1 HICKS LANE sits on a plot of roughly 0.183 of an acre, or 739m². The below map shows the location of 1 HICKS LANE, 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 HICKS LANE). 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 HICKS LANE?

1 HICKS LANE is located in PETERBOROUGH, in the PE7 postcode district. The below map shows the position of No. 1 on HICKS LANE.