1, REDWING CLOSE, STANGROUND, PETERBOROUGH, PE2 8SS - £365,000

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 REDWING CLOSE is a large extended detached house of 124m², built sometime between 1996 and 2002. It was last sold for £365,000 in January 2023, which was around 6% below the average January 2023 detached price in the City of Peterborough local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

1 REDWING CLOSE Sold Prices

Land registry data shows three sales for 1 REDWING CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Peterborough local authority area for the corresponding sale date. The three 1 REDWING CLOSE sales were a mix of below the average price, and roughly equal to 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
2023 11 JAN	£365,000	£386,303	6% below HPI
2000 10 SEP	£93,995	£106,084	11% below HPI
1997 27 JUN	£76,500	£76,414	Close to HPI

1 REDWING 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 three 1 REDWING CLOSE sales between June 1997 and January 2023 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 2000 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2023 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 1 REDWING CLOSE?

1 REDWING CLOSE is 124m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the largest 40% 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 REDWING CLOSE lies on this distribution: 60% of detached houses are smaller than 1 REDWING CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

1 REDWING CLOSE: Plot and Title Map

1 REDWING CLOSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 1 REDWING 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 REDWING 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 REDWING CLOSE?

1 REDWING CLOSE is located in STANGROUND, in the PE2 postcode district. The below map shows the position of No. 1 on REDWING CLOSE.