1, THORNHAM WAY, EASTREA, PETERBOROUGH, PE7 2AS - £272,500

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 THORNHAM WAY is a very small extended detached house of 65m², built sometime between 1976 and 1982, which could now be worth an estimated £286,703. It was last sold for £272,500 in November 2021, which was around 9% below the average November 2021 detached price in the Fenland local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

1 THORNHAM WAY Sold Prices

Land registry data shows two sales for 1 THORNHAM WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. Both of the two 1 THORNHAM WAY 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
2021 29 NOV	£272,500	£299,181	9% below HPI
2021 14 JAN	£150,000	£273,234	45% below HPI

1 THORNHAM WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The two 1 THORNHAM WAY sales from January 2021 and November 2021 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 January 2021 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2021 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 1 THORNHAM WAY be worth now?

1 THORNHAM WAY might now be worth an estimated £286,703.

This is based on house price inflation of 5.2%, between November 2021 and February 2025, for detached houses, in the Fenland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.2% inflationary increase is applied to the most recent sale price for 1 THORNHAM WAY of £272,500 on 29th November 2021. For the value to have increased from £272,500 to £286,703 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 THORNHAM WAY has moved in line with the HPI for detached houses in the Fenland local authority area.
• The November 2021 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of 1 THORNHAM WAY has not materially changed since November 2021.

How Large is 1 THORNHAM WAY?

1 THORNHAM WAY is 65m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% of detached houses houses in Eastrea, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eastrea, and where 1 THORNHAM WAY lies on this distribution: 1% of detached houses houses are smaller than 1 THORNHAM WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Eastrea.

1 THORNHAM WAY: Plot and Title Map

1 THORNHAM WAY sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 1 THORNHAM WAY, 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 THORNHAM WAY). 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 THORNHAM WAY?

1 THORNHAM WAY is located in EASTREA, in the PE7 postcode district. The below map shows the position of No. 1 on THORNHAM WAY.