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

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 CHESTNUT WAY is a midsized detached house of 116m², built sometime between 1983 and 1990, which could now be worth an estimated £405,709. It was last sold for £248,000 in May 2014, which was around 11% 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. The three 12 CHESTNUT WAY sales were a mix of above the average price, and roughly equal to 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	£222,907	11% above HPI
2005 27 JUN	£240,000	£205,651	17% above HPI
1999 9 JUL	£89,000	£89,445	Close to 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 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the May 2014 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 12 CHESTNUT WAY be worth now?

12 CHESTNUT WAY might now be worth an estimated £405,709.

This is based on house price inflation of 63.6%, between May 2014 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 63.6% inflationary increase is applied to the most recent sale price for 12 CHESTNUT WAY of £248,000 on 21st May 2014. For the value to have increased from £248,000 to £405,709 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 12 CHESTNUT WAY has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The May 2014 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CHESTNUT WAY has not materially changed since May 2014.

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 largest 50% 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 12 CHESTNUT WAY lies on this distribution: 50% of detached houses 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.