12, CHESTNUT WAY, MARKET DEEPING, PETERBOROUGH, PE6 8LP - £248,000

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

12 CHESTNUT WAY is a midsized detached house of 116m², built sometime between 1983 and 1990. It was last sold for £248,000 in May 2014, which was around 9% above the average May 2014 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

12 CHESTNUT WAY Sold Prices

Land registry data shows three sales for 12 CHESTNUT WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Two of the three 12 CHESTNUT WAY sales were for above the average price, whilst one was 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
2014 21 MAY	£248,000	£226,638	9% above HPI
2005 27 JUN	£240,000	£209,093	15% above HPI
1999 9 JUL	£89,000	£90,942	2% below HPI

12 CHESTNUT WAY 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 three 12 CHESTNUT WAY sales between July 1999 and May 2014 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 June 2005 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the May 2014 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 12 CHESTNUT WAY?

12 CHESTNUT WAY is 116m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 50% of detached houses in Market Deeping, based on EPC data. The below chart shows the distribution of detached houses by size in Market Deeping, and where 12 CHESTNUT WAY lies on this distribution: 49% of detached houses are smaller than 12 CHESTNUT WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Market Deeping.

12 CHESTNUT WAY: Plot and Title Map

12 CHESTNUT WAY sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 12 CHESTNUT 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 12 CHESTNUT 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 12 CHESTNUT WAY?

12 CHESTNUT WAY is located in MARKET DEEPING, in the PE6 postcode district. The below map shows the position of No. 12 on CHESTNUT WAY.