12, CHAPEL LANE, WERRINGTON, PETERBOROUGH, PE4 6RS - £595,000

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.

12 CHAPEL LANE is a very large extended detached house of 256m², built sometime between 2003 and 2006, which could now be worth an estimated £696,124. It was last sold for £595,000 in June 2020, which was around 88% above the average June 2020 detached price in the City of Peterborough local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

12 CHAPEL LANE Sold Prices

Land registry data shows four sales for 12 CHAPEL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Peterborough local authority area for the corresponding sale date. All of the four 12 CHAPEL LANE sales were for above 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
2020 18 JUN	£595,000	£316,374	88% above HPI
2017 10 AUG	£550,000	£289,787	90% above HPI
2006 28 APR	£410,000	£214,698	91% above HPI
2004 1 OCT	£380,000	£204,204	86% above HPI

12 CHAPEL LANE 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 four 12 CHAPEL LANE sales between October 2004 and June 2020 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 August 2017 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the June 2020 sale, where it falls to 88% above the HPI. The line then continues to track at 88% above the HPI.

What might 12 CHAPEL LANE be worth now?

12 CHAPEL LANE might now be worth an estimated £696,124.

This is based on house price inflation of 17%, between June 2020 and June 2025, for detached houses, in the City of Peterborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17% inflationary increase is applied to the most recent sale price for 12 CHAPEL LANE of £595,000 on 18th June 2020. For the value to have increased from £595,000 to £696,124 over the five years to June 2025, the following assumptions must hold true:

• The value of 12 CHAPEL LANE has moved in line with the HPI for detached houses in the City of Peterborough local authority area.
• The June 2020 sale price of £595,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CHAPEL LANE has not materially changed since June 2020.

How Large is 12 CHAPEL LANE?

12 CHAPEL LANE is 256m², which includes four extensions, according to the EPC inspection conducted in May 2017. This puts it in the largest 10% of detached houses houses in Peterborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Peterborough, and where 12 CHAPEL LANE lies on this distribution: 98% of detached houses houses are smaller than 12 CHAPEL LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

12 CHAPEL LANE: Plot and Title Map

12 CHAPEL LANE sits on a plot of roughly 0.171 of an acre, or 690m². The below map shows the location of 12 CHAPEL LANE, 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 12 CHAPEL LANE). 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 12 CHAPEL LANE?

12 CHAPEL LANE is located in WERRINGTON, in the PE4 postcode district. The below map shows the position of No. 12 on CHAPEL LANE.