12, FERNIE CLOSE, NEWBOROUGH, PETERBOROUGH, PE6 7RH - £215,000

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 FERNIE CLOSE is a small detached house of 84m², built sometime between 1976 and 1982, which could now be worth an estimated £266,143. It was last sold for £215,000 in July 2018, which was around 29% below the average July 2018 detached price in the City of Peterborough local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was B.

12 FERNIE CLOSE Sold Prices

Land registry data shows three sales for 12 FERNIE CLOSE since 1^st 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 12 FERNIE CLOSE 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
2018 12 JUL	£215,000	£301,043	29% below HPI
2016 19 AUG	£195,000	£263,498	26% below HPI
2001 25 MAY	£81,000	£111,128	27% below HPI

12 FERNIE CLOSE 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 three 12 FERNIE CLOSE sales between May 2001 and July 2018 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 2016 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2018 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 12 FERNIE CLOSE be worth now?

12 FERNIE CLOSE might now be worth an estimated £266,143.

This is based on house price inflation of 23.8%, between July 2018 and February 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 23.8% inflationary increase is applied to the most recent sale price for 12 FERNIE CLOSE of £215,000 on 12th July 2018. For the value to have increased from £215,000 to £266,143 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 12 FERNIE CLOSE has moved in line with the HPI for detached houses in the City of Peterborough local authority area.
• The July 2018 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 12 FERNIE CLOSE has not materially changed since July 2018.

How Large is 12 FERNIE CLOSE?

12 FERNIE CLOSE is 84m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 40% of detached houses houses in Newborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newborough, and where 12 FERNIE CLOSE lies on this distribution: 31% of detached houses houses are smaller than 12 FERNIE CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Newborough.

12 FERNIE CLOSE: Plot and Title Map

12 FERNIE CLOSE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 12 FERNIE CLOSE, 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 FERNIE CLOSE). 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 FERNIE CLOSE?

12 FERNIE CLOSE is located in NEWBOROUGH, in the PE6 postcode district. The below map shows the position of No. 12 on FERNIE CLOSE.