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
116 WELLAND ROAD is a very small detached house of 69m², built sometime between 1950 and 1966. It was last sold for £190,000 in November 2016, which was around 31% below the average November 2016 detached price in the City of Peterborough local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 116 WELLAND ROAD since 1st 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. All of the three 116 WELLAND ROAD 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 |
---|---|---|---|
2016 14 NOV | £190,000 | £274,297 | 31% below HPI |
2014 5 DEC | £158,000 | £232,534 | 32% below HPI |
2007 6 JUL | £168,000 | £231,449 | 27% below HPI |
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 116 WELLAND ROAD sales between July 2007 and November 2016 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 December 2014 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2016 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
116 WELLAND ROAD is 69m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of detached houses in Peterborough, based on EPC data. The below chart shows the distribution of detached houses by size in Peterborough, and where 116 WELLAND ROAD lies on this distribution: 5% of detached houses are smaller than 116 WELLAND ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Peterborough.
116 WELLAND ROAD sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 116 WELLAND ROAD, 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 116 WELLAND ROAD). 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.
116 WELLAND ROAD is located in DOGSTHORPE, in the PE1 postcode district. The below map shows the position of No. 116 on WELLAND ROAD.