11, THE DRIVE, PETERBOROUGH, PE3 6AJ - £181,000

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

11 THE DRIVE is a midsized extended detached house of 117m², built sometime between 1967 and 1975. It was last sold for £181,000 in July 2011, which was around 12% below the average July 2011 detached price in the City of Peterborough local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

11 THE DRIVE Sold Prices

Land registry data shows two sales for 11 THE DRIVE 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 11 THE DRIVE 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
2011 12 JUL	£181,000	£205,961	12% below HPI
2007 9 FEB	£208,000	£226,121	8% below HPI

11 THE DRIVE 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 11 THE DRIVE sales from February 2007 and July 2011 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 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2011 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 11 THE DRIVE?

11 THE DRIVE is 117m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the largest 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 11 THE DRIVE lies on this distribution: 53% of detached houses are smaller than 11 THE DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

11 THE DRIVE: Plot and Title Map

11 THE DRIVE sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of 11 THE DRIVE, 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 11 THE DRIVE). 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 11 THE DRIVE?

11 THE DRIVE is located in PETERBOROUGH, in the PE3 postcode district. The below map shows the position of No. 11 on THE DRIVE.