1, WOODCROFT CLOSE, MARKET DEEPING, PETERBOROUGH, PE6 8BT - £345,000

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 WOODCROFT CLOSE is a small detached house of 105m², built sometime between 1991 and 1995, which could now be worth an estimated £341,318. It was last sold for £345,000 in August 2022, which was around 6% below the average August 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

1 WOODCROFT CLOSE Sold Prices

Land registry data shows two sales for 1 WOODCROFT 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 South Kesteven local authority area for the corresponding sale date. Both of the two 1 WOODCROFT 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 9 AUG	£345,000	£368,593	6% below HPI
1999 31 MAR	£86,500	£88,174	2% below HPI

1 WOODCROFT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 1 WOODCROFT CLOSE sales from March 1999 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 March 1999 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2022 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 1 WOODCROFT CLOSE be worth now?

1 WOODCROFT CLOSE might now be worth an estimated £341,318.

This is based on house price deflation of 1.1%, between August 2022 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.1% deflationary decrease is applied to the most recent sale price for 1 WOODCROFT CLOSE of £345,000 on 9th August 2022. For the value to have decreased from £345,000 to £341,318 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 1 WOODCROFT CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The August 2022 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WOODCROFT CLOSE has not materially changed since August 2022.

How Large is 1 WOODCROFT CLOSE?

1 WOODCROFT CLOSE is 105m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 40% of detached houses houses in Market Deeping, based on EPC data. The below chart shows the distribution of detached houses houses by size in Market Deeping, and where 1 WOODCROFT CLOSE lies on this distribution: 35% of detached houses houses are smaller than 1 WOODCROFT CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Market Deeping.

1 WOODCROFT CLOSE: Plot and Title Map

1 WOODCROFT CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 1 WOODCROFT 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 WOODCROFT 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 WOODCROFT CLOSE?

1 WOODCROFT CLOSE is located in MARKET DEEPING, in the PE6 postcode district. The below map shows the position of No. 1 on WOODCROFT CLOSE.